Thursday, 12 November 2026

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India, Uzbekistan Elevate Ties, Target $5 Billion Trade & Uranium Supply

The two nations have upgraded their engagement to a comprehensive strategic partnership, formalising a long-term uranium supply framework and setting an ambitious trade goal.

The Indian Morning Post Editorial Desk··2 min read
India, Uzbekistan Elevate Ties, Target $5 Billion Trade & Uranium Supply
Illustrative image.

India and Uzbekistan have significantly enhanced their bilateral relationship, elevating it to a comprehensive strategic partnership following recent high-level engagements. This diplomatic upgrade was marked by the formalisation of a long-term framework for the supply of uranium from Uzbekistan to India, underscoring a critical aspect of their energy cooperation. Alongside this, the two nations have set an ambitious target to boost bilateral trade to $5 billion by 2030, reflecting a shared commitment to deeper economic ties.

The strategic partnership was solidified through the signing of eleven agreements and memorandums of understanding (MoUs) that span a diverse range of key sectors. These agreements are designed to foster greater engagement and cooperation in areas such as mining, tourism, and education. The long-term uranium supply arrangement, in particular, highlights India's interest in securing stable energy resources, leveraging Uzbekistan's position as a significant producer.

Further institutionalising their partnership, the two countries have established a foreign minister-level coordination council. This new body is intended to facilitate ongoing dialogue and strategic alignment on matters of mutual interest, ensuring sustained momentum in their collaborative efforts. Additionally, initiatives to strengthen regional and people-to-people ties were announced, including the formalisation of three sister-city and sister-state arrangements. These partnerships aim to foster cooperation at a sub-national level, with a call for a roadmap to unlock their full potential.

Cooperation in urban development and technology forms another key pillar of the strengthened partnership. Prime Minister Narendra Modi highlighted major development projects in both nations, such as New Tashkent and India's Gujarat International Finance Tec-City (GIFT City). To further this collaboration, India extended an invitation for an Uzbek delegation to study the best practices, technologies, and development models employed in such large-scale initiatives, aiming to share expertise and foster innovation.

Economically, the two nations are working towards expanding market access and investment opportunities to achieve their ambitious trade target. Bilateral trade between India and Uzbekistan stood at $1.3 billion in 2025, and both sides are committed to reducing trade barriers and enhancing cooperation, particularly in critical minerals. The aspirational $5 billion trade goal by 2030 signifies a concerted effort to achieve substantial economic growth and deeper commercial integration, reinforcing the comprehensive nature of their evolving relationship across energy security, urban innovation, and broader societal connections.

indiauzbekistanuranium supplystrategic partnershiptrade targetminingdiplomacyenergy cooperation

Reporting by the The Indian Morning Post Editorial Desk.

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