High-level economic talks between Uzbekistan and Russia concluded in Fergana on Tuesday with a package of agreements that includes 17 joint industrial projects valued at $350 million, a long-term scientific development strategy, and an investment deal for a large-scale logistics complex to be built near Tashkent by Russian marketplace Wildberries.
Uzbekistan’s delegation was led by Deputy Prime Minister Jamshid Khojayev; Russia’s by First Deputy Prime Minister Denis Manturov. The session combined a sitting of the intergovernmental commission on economic cooperation with a meeting of the Council of Regions, bringing together representatives from all 14 provinces of Uzbekistan, 17 Russian regions, and approximately 400 entrepreneurs from both countries.
Industrial Projects and Trade Trajectory
Bilateral trade grew by 10 percent in the first eight months of 2026, according to figures cited at the meeting. The two countries’ presidents had previously set a target of raising annual trade to $30 billion, and the Fergana session was framed in part as a mechanism to accelerate progress toward that goal.
The 17 joint projects planned for launch in 2026 span the chemical industry, agricultural processing, and metalworking. No breakdown of individual project values or names was provided in the official readout. The sides also signed the intergovernmental commission’s protocol and a Strategy for Scientific and Technological Development covering the period 2026 to 2040.
Wildberries Logistics Complex Near Tashkent
Among the four documents exchanged at the conclusion of the meeting was an investment agreement between the Ministry of Investments, Industry and Trade and Russian online marketplace Wildberries. The agreement, cited by Spot citing Wildberries & Russ, provides for the construction of a Class A multifunctional logistics complex in the Zangiata district of Tashkent province.
The facility will occupy a 67.3-hectare site in the Bogzor mahalla, which borders Tashkent city’s Yangihayot district. Design work is currently under way, with construction expected to begin in late October. Wildberries said the project would create at least 7,500 jobs at the complex, with a further 2,000 people expected to receive training through specialized educational programmes.
The company described the hub as a step toward expanding warehouse infrastructure and supporting the export potential of local producers, saying it would help promote goods made in Uzbekistan on foreign markets.
Regional Agreements
Three province-level agreements were signed alongside the central documents. The Fergana provincial administration and the government of Russia’s Omsk region signed a cooperation agreement in industry. Surkhandarya province and Krasnoyarsk Krai agreed to develop trade, economic, scientific, technical, cultural, and humanitarian ties. Namangan province and Dagestan signed an action plan to implement an earlier agreement covering trade, economic, scientific, technical, and social and cultural cooperation.
The broader interregional framework already encompasses all 14 provinces of Uzbekistan and more than 50 Russian regions. The portfolio of interregional cooperation projects currently stands at more than 200 initiatives with a combined value of nearly $6 billion.
Energy and the Jizzakh Nuclear Plant
Energy sector cooperation featured prominently in the agenda, including discussions on the construction of a nuclear power plant in Jizzakh province. The meeting also addressed workforce training and the localization of equipment production and related services, though no timeline or cost figures for the nuclear project were announced in the official readout.
The next meeting of the Council of Regions is planned to be held in Omsk.
