India and Uzbekistan on Sunday (August 30, 2026) determined to raise their ties to a complete strategic partnership and set a goal of $5 billion in annual commerce by 2030 following talks between Prime Minister Narendra Modi and Uzbek President Shavkat Mirziyoyev.
The 2 sides inked 11 agreements for reinforcing engagement in a number of key sectors, together with mining and tourism, and agreed to determine a framework for long-term provide of Uranium from Uzbekistan to India in step with cooperation within the civil nuclear power sector.
The Modi-Mirziyoyev talks targeted on increasing cooperation in areas of commerce, funding, infrastructure, vital minerals, mining, defence and safety, agriculture, prescription drugs, well being, info know-how, digital public infrastructure, together with UPI, and training.
The 2 sides additionally set a goal of $5 billion in annual bilateral commerce by 2030, Mr. Modi stated in his press assertion. The present quantity of bilateral commerce between the 2 nations is over $1 billion.
Each leaders introduced elevating the India-Uzbekistan strategic ties to a Complete Strategic Partnership, reflecting the rising depth and increasing scope of cooperation.
Mr. Modi and Mr. Mirziyoyev witnessed the trade of agreements protecting a variety of areas comparable to mining, tradition, training, tourism, ayurveda, amongst others.
‘Power for peace and prosperity in Central Asia’
“Uzbekistan is on the coronary heart of Central Asia and is on the coronary heart of India’s engagement within the area,” Mr. Modi stated.
The Prime Minister added: “A stronger India-Uzbekistan partnership will likely be a strong drive for peace, progress and prosperity in Central Asia.” Delving into the bold agenda of future cooperation between the 2 sides, Mr. Modi stated India and Uzbekistan will encourage their defence industries to have a look at co-development and co-production of navy {hardware}.
On commerce and funding, he stated points regarding market entry, banking, fee techniques and connectivity will likely be addressed in a structured means.
“The shut defence and safety cooperation between our two nations displays our deep mutual belief. Sooner or later, we’ll promote direct linkages, co-production, and co-development between our defence industries,” Mr. Modi stated.
“We consider that terrorism, extremism, and separatism pose critical challenges to your complete area.” “Sustaining a coverage of zero tolerance in opposition to these threats has been, and can proceed to be, our shared resolve,” he added.
A Letter of Intent for the restoration and conservation of the Buddhist websites of Fayaz Tepa and Kara Tepa in Uzbekistan was additionally agreed upon.
These historic Buddhist monasteries in southern Uzbekistan spotlight how Buddhism unfold alongside the Silk Street and flourished in Central Asia.
The 2 sides introduced {that a} business pact was firmed up between NPCI Worldwide Funds Ltd (NIPL) and Uzbekistan’s Nationwide Interbank Processing Centre JSC to allow UPI apps of India to scan Uzbekistan’s nationwide QR (UZQR) for making service provider funds within the Central Asian nation.
The bulletins made on the finish of the talks between Mr. Modi and Mr. Mirziyoyev included a grant of $1 million for afforestation within the Aral Sea area.
Mr. Modi landed in Tashkent on Saturday (August 29, 2026) on a two-day go to to bolster ties with Uzbekistan in a variety of areas, together with commerce, funding, defence and clear power.
“We’re celebrating the fifteenth anniversary of our strategic partnership. I’m delighted that, on this big day, we’re elevating our ties to the extent of a Complete Strategic Partnership,” Mr. Modi stated in his opening remarks on the bilateral talks.
“We’ll transfer ahead by setting concrete targets inside this framework,” he stated in Hindi.
‘Productive talks’
The Prime Minister additionally made point out of the “productive talks” he had with the Uzbek President over dinner final evening.
“We had a productive dialogue over dinner final evening and made a number of vital selections.” “We’ll set up a Coordination Council on the degree of international ministers to supply course to all facets of our cooperation by shut coordination,” Mr. Modi stated.
The Prime Minister stated each side will even elevate their current joint fee from the extent of secretaries to that of ministerial degree.
“Either side will collectively organise a enterprise summit that includes enterprise leaders from each nations.” “We will even set up a long-term association for the availability of uranium,” he stated with out elaborating.
A joint assertion stated the Prime Minister and the Uzbek President agreed to discover cooperation within the fields of geology, mining, nuclear power, industrial cooperation, and important and strategic minerals, together with initiatives for the processing of mineral sources, manufacturing of value- added merchandise and recycling initiatives.
“In addition they expressed curiosity in encouraging Indian corporations to take part within the growth of potential mineral deposits in Uzbekistan and Uzbek enterprises to collaborate in India. The leaders expressed curiosity in prolonged cooperation in peaceable makes use of of nuclear power,” it stated.
The assertion stated Mr. Modi and Mr. Mirziyoyev agreed to develop cooperation within the area of vital minerals by the implementation of joint initiatives in geological exploration, mining, mineral processing, and the event of built-in worth chains.
The Uzbek President stated his nation is decided to spice up ties with India in various sectors.
“We’re aiming to advance cooperation in sectors comparable to power, tradition, vital minerals, prescription drugs, jewelry, and agriculture. “ “We’ll put together roadmaps for every of those sectors; particular groups from India will go to right here, and our groups will journey to India, enabling us to obviously outline our goals in these fields,” he stated.
The joint assertion stated the 2 leaders welcomed the shut alignment of their positions and the rising significance of Central Asia.
Amid a posh geopolitical state of affairs, they harassed the necessity for a free, open and rules-based worldwide order, constructing on their multilateral cooperation, it stated.
“The leaders extremely appreciated the progress achieved in regional cooperation and reaffirmed their dedication to additional strengthening engagement inside the Central Asia–India format on the degree of Heads of State and different ranges,” the joint assertion stated.
