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Lukashenko: Belarus, Uzbekistan can hit $2bn in trade

09.03.2026 | 12:25
Belarus and Uzbekistan can teach $2 billion in bilateral trade, Belarusian President Aleksandr Lukashenko said as he met with Uzbekistan’s Ambassador to Belarus Rakhmatulla Nazarov in Minsk on 9 March, BelTA has learned.

At the beginning of the meeting, the head of state noted that there is much to discuss in light of the preparations for the planned visit of Uzbekistan President Shavkat Mirziyoyev to Belarus. 

«I think by that time we will update the list of all our points, summarizing them and developing a plan for the short and medium term. Relations are developing well. Especially in the light of the recent visit of our government delegation headed by the prime minister to your country», the president said. «I greatly appreciate the agreement to hit $2 billion trade turnover in the near future, by around 2030. This is entirely possible. Especially since the economies of our countries are not competitors to one another. Everything that we produce from agriculture to mechanical engineering is all needed by the densely populated Uzbekistan».

In 2025, the trade between Belarus and Uzbekistan amounted to nearly $855 million, which was up by 34.8% over 2024. Belarus has a trade surplus of over $517 million. The upward trend in trade continues this year as well. The trade in services is also growing. In 2025, it increased by 56.1% year-on-year reaching $207.9 million. There are 229 organizations registered in Uzbekistan with Belarusian residents as their founders.


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