Minister of Economy and Sustainable Development Mariam Kvrivishvili and Uzbekistan’s Minister of Foreign Affairs Bakhtiyor Saidov met to discuss ways to deepen economic ties between the two countries, the Ministry of Economy reported.

The conversation covered a wide range of sectors, including trade, investment, transport, international transit routes, logistics, tourism, and aviation.

According to the Ministry, at the meeting held at Georgia’s Ministry of Economy, Minister Kvrivishvili presented recent economic achievements and the country’s development strategy. She emphasised Georgia’s consistent high economic growth, record-breaking tourism figures, improved employment rates, and reduced poverty. Kvrivishvili highlighted Georgia’s competitive advantages for foreign investors, such as low taxes, access to major international markets through free trade agreements, and strong ratings and projections from international financial institutions. According to these forecasts, Georgia is expected to be among the world’s leading economies in terms of growth by 2025.

These factors were noted as particularly attractive to Uzbek investors, especially in priority sectors such as transportation, logistics, energy, and real estate.

“Our goal is to boost trade, business relations, sectoral investments, and tourism between our countries. We explored options for establishing cooperation platforms and discussed an upcoming visit to Uzbekistan, where we will continue this dialogue and work toward implementing our shared agenda,” said Kvrivishvili.

As the Ministry noted, a key topic of the meeting was cooperation in the transport sector, particularly within the framework of the Middle Corridor. Georgia’s transit and logistics capabilities have grown significantly in recent years. The country is actively involved in regional connectivity initiatives such as TRACECA, the Trans-Caspian International Transport Route (Middle Corridor), and CAREC. With two multifunctional ports in Poti and Batumi, oil terminals in Supsa and Kulevi, a well-integrated road and rail network, and ongoing major infrastructure projects, Georgia is well-positioned to enhance its role in facilitating Europe-Asia connectivity.

Uzbekistan is a key trade and economic partner for Georgia. From January to May 2025, bilateral trade grew by 20%, with Georgian exports increasing by 46%. According to 2024 data, trade turnover between the two countries rose by 40%. Investment from Uzbekistan in Georgia is also on the rise, particularly in sectors such as real estate, transport and logistics, hospitality, and dining. Tourism cooperation is also expanding, with Uzbekistan emerging as an increasingly important source market for Georgia.