23/03/17 - Uzbekistan-Kazakhstan - Trade Deals

Presidents Nazarbayev and Mirziyoyev signed 92 commercial agreements worth $840 million at a Kazakhstan-Uzbekistan business forum in Astana. The declaration shows a marked improvement in relations since the death of Uzbek leader Karimov. The last quarter of 2016 saw a 30% increase in trade between the two nations. Further agreements look set to follow, including attempts to open the borders to further boost trade. Although such agreements are relatively small they potentially signal a positive change in regional relations which in the past have been characterised my mutual suspicion rather than cooperation.

Uzbek President Shavkat Mirziyoyev meets with Kazakhstan’s President Nursultan Nazarbayev in Astana on March 23. (Photo by Kazakhstani Presidential Press Services)

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