Ilham Aliyev: We support more active participation of Uzbek companies in Azerbaijan
- 21 August, 2026
- 13:50
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Baku supports more active participation of Azerbaijani companies in Uzbekistan and Uzbek companies in Azerbaijan, as well as an increase in the number of joint production and investment projects, President of Azerbaijan Ilham Aliyev said in an interview with Uzbekistan National News Agency (UzA), according to Report.
"A number of joint projects implemented with the Uzbek side make an important contribution to the further expansion of economic cooperation and the creation of new development opportunities between our countries. In this regard, I would particularly note the establishment of a pomegranate orchard called the 'Garden of Friendship,' covering an area of 100 hectares in the liberated Fuzuli district, as well as cooperation in the production of Chevrolet and Isuzu brand vehicles. I should also note that, as of July 13, 2026, a total of 10,720 Chevrolet cars and 275 Isuzu buses had been produced," the head of state said.
He noted that currently, more than 130 commercial entities with Uzbek investments are registered in our country and are successfully operating in various sectors of the economy - industry, agriculture, construction, transport and services.
"The activities of Uzbek companies in Azerbaijan are an indicator of mutual trust, a favorable investment climate and the strong economic partnership that has been established between our countries.
The economic opportunities offered by Azerbaijan and Uzbekistan complement each other, opening up broad horizons for creating new formats of cooperation. We support more active participation of Azerbaijani companies in Uzbekistan and Uzbek companies in Azerbaijan, as well as an increase in the number of joint production and investment projects," President Aliyev said.
He noted that Azerbaijan is also implementing investment projects in Uzbekistan, including the hotel and residential complex under the Ritz-Carlton brand being built by PASHA Holding in Tashkent, as well as the large tourism and residential complex project "Sea Breeze Uzbekistan" in the Tashkent region.
"I am confident that our mutually beneficial economic partnership will continue to develop successfully, expand through new initiatives, and contribute to the well-being of our peoples, serving as one of the important pillars of Azerbaijan-Uzbekistan allied relations," the head of state said.