Uzbekistan and Slovenia enhance their relations through fresh trade and partnership agreements.
Uzbekistan and Slovenia aim to boost trade turnover to €500 million following a high-level visit by the former's President Shavkat Mirziyoyev. This significant step marks the first trip of its kind in two decades between the two countries.
During the visit, Mirziyoyev and Slovenian President Nataša Pirc Musar participated in a business forum attended by over 100 industrial and trade enterprises from both nations. The countries expressed their commitment to further expanding the exchange of goods and services and investment opportunities.
Uzbekistan is Slovenia's second-largest foreign trade partner in Central Asia. Their exports include garments, specialized chemical products, and precision tools, while Slovenia exports ceramics, stone products, and furniture. In Q1 2025, bilateral trade turnover reached USD 127 million, marking a 47.8% year-on-year increase.
The two governments announced the signing of several bilateral agreements during the visit, including visa exemptions for diplomatic passport holders, as well as cooperation in transportation, logistics, education, science, culture, and tourism. The newly established Intergovernmental Commission's first meeting is scheduled for July in Ljubljana.
A symbolic flower-laying ceremony underscored the commitment to peace and humanism. Meanwhile, discussions on establishing direct air lines and easing Uzbekistan's access to the EU market through Slovenia's port of Koper were also held.
Recent developments indicate a robust and growing economic relationship between the two countries, with Slovenian companies expected to play a significant role in Uzbekistan’s economic modernization. The partnership is set to deepen with a clear roadmap for increased trade, investment, and joint industrial projects in the coming years.
Finance and politics intertwine as the two nations seek potential investment opportunities to fuel their business growth, following Mirziyoyev's significant visit to Slovenia. In line with this, both nations are poised to leverage their general-news such as respective export specialties, contributing to the projected €500 million trade turnover between Uzbekistan and Slovenia.
