• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00202 0%
  • TJS/USD = 0.10618 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00202 0%
  • TJS/USD = 0.10618 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00202 0%
  • TJS/USD = 0.10618 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00202 0%
  • TJS/USD = 0.10618 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00202 0%
  • TJS/USD = 0.10618 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00202 0%
  • TJS/USD = 0.10618 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00202 0%
  • TJS/USD = 0.10618 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00202 0%
  • TJS/USD = 0.10618 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
12 February 2026

Viewing results 1 - 6 of 8

Uzbekistan and EU Sign Landmark Enhanced Partnership Agreement in Brussels

President Shavkat Mirziyoyev of Uzbekistan paid an official visit to Brussels on October 23-24 at the invitation of European Council President Antonio Costa and European Commission President Ursula von der Leyen, where a landmark agreement was signed to deepen Uzbekistan-EU cooperation across multiple sectors. During the visit, Mirziyoyev attended the signing ceremony of the Enhanced Partnership and Cooperation Agreement (EPCA), which replaces the 1996 Partnership and Cooperation Agreement. The new accord significantly broadens the scope of bilateral ties, covering areas such as trade, investment, digital technologies, environmental protection, and climate resilience. Negotiations began in February 2019 and concluded in July 2022. The EPCA includes nine sections, 356 articles, and 14 annexes, forming a comprehensive legal framework for political dialogue and long-term economic collaboration. It aims to bolster cooperation in trade, innovation, sustainable development, education, and cultural exchange between Uzbekistan and EU member states. In Brussels, Mirziyoyev also participated in a roundtable with executives from leading European companies and financial institutions, including Vandewiele, Linde, Lasselsberger Group, Meridiam, SUEZ, the European Investment Bank, Commerzbank, and KfW. The parties agreed to pursue new joint projects worth over €10 billion in sectors such as energy, chemicals, critical minerals, logistics, textiles, and pharmaceuticals. These initiatives build on an existing portfolio of EU-led projects in Uzbekistan, currently valued at more than €40 billion. Over the past seven years, trade between Uzbekistan and the European Union has doubled, while the number of joint ventures with European investment has surpassed one thousand. Mirziyoyev highlighted that the partnership is grounded in mutual trust and shared priorities, particularly in human capital development, renewable energy, digital transformation, and sustainable infrastructure. The President outlined four priority areas for expanding cooperation: joint production of high-value goods through deeper processing of strategic raw materials; collaboration in the green economy; development of logistics and transport corridors linking Europe and Asia; and partnerships in digital technologies, including artificial intelligence and cybersecurity. On the sidelines of the visit, Mirziyoyev met with King Philippe of Belgium at Laeken Palace. The two leaders discussed trade, investment, and cultural ties, with the King congratulating Uzbekistan on the signing of the historic EPCA. Relations between Uzbekistan and Belgium continue to grow, with rising trade volumes and expanding business cooperation. Belgian firms are active in Uzbekistan’s textile, logistics, and service sectors, while cultural ties have also deepened. Notable milestones include the unveiling of a bust of Ibn Sina in Kortrijk and sister-city partnerships such as Tashkent-Kortrijk and Samarkand-Liège. Mirziyoyev extended an official invitation to King Philippe to visit Uzbekistan, underscoring a shared commitment to strengthening bilateral ties in the years ahead.

Tajikistan and Flanders Explore Closer Ties in Industry, Tourism, and Trade

A delegation from the Belgian region of Flanders is currently visiting Dushanbe for official meetings aimed at expanding cooperation with Tajikistan. The visit, which began on August 11 at the invitation of the Dushanbe city authorities, will continue through August 16. The Flemish delegation is led by Jill Willems Suetens, head of the Protocol and Administrative Department. Focus Areas: Industry, Innovation, and Investment Talks are centered around collaboration in the light and textile industries, mechanical engineering, pharmaceuticals, food production, and artificial intelligence. Tourism and trade, meanwhile, have been highlighted as key priorities. The Belgian side has been invited to take part in upcoming events organized by the Ministry of Industry and the Dushanbe Invest 2025 International Investment Forum, scheduled for October. During their visit, the Flemish representatives have held meetings with senior officials from the Dushanbe city administration, the Ministry of Industry and New Technologies, the State Committee for Investment, the National Academy of Sciences, the Committee for Tourism Development, the Chamber of Commerce and Industry, the Smart City State Unitary Enterprise, and the International University of Tourism and Entrepreneurship. The State Committee for Investment presented Tajikistan’s potential to foreign investors, emphasizing tourism and trade as sectors with high growth prospects. To gain a deeper understanding of the country’s history and culture, the delegation is also visiting prominent sites such as the National Museum, the Kohi Navruz palace complex, the Central Mosque, the Plov culinary center, the Mehrgon market, the Gissar Fortress, and the Varzob region. The cultural itinerary aims to promote Tajikistan's tourism offerings and foster deeper exchange. Flanders: An Economic Powerhouse Flanders is one of Belgium’s primary industrial and commercial hubs and is home to the country’s largest ports, Antwerp, Bruges, Ghent, and Ostend. The region has a population of 6.8 million, comprising 58% of Belgium’s total population. In 2024, Flanders ranked 15th globally by export volume. Its main export commodities include chemical products, pharmaceuticals, transport vehicles, textiles, machinery, fruit, plastics, and precious stones. Trade between Tajikistan and Flanders surpassed €108 million in 2024. Tajikistan accounted for €102.36 million in exports, while Flanders exported €5.73 million worth of goods to Tajikistan.

Belgium Transfers $108 Million in Seized Assets to State Treasury Following Uzbek Corruption Probe

On March 28, 2025, the Brussels Public Prosecutor instructed Belgium’s Central Office for Seizure and Confiscation (COSC) to transfer $108 million in confiscated assets to the Belgian state treasury. The funds, now officially the property of the Belgian government, were seized in connection with an international corruption investigation linked to Uzbekistan. The case stems from a years-long probe into illicit payments and bribes tied to telecom contracts in Uzbekistan. The funds were allegedly laundered and routed through various jurisdictions before being frozen in Belgium at the request of Uzbek authorities. The investigation, based on international legal cooperation and the UN Convention Against Corruption, initially led to the freezing of approximately $200 million. A Dutch-language court in Brussels later ruled that the full amount, including accrued interest, should be permanently confiscated. The court also ordered the funds to be split between Belgium and Uzbekistan, applying a restitution model similar to those used among European Union member states. As a result, another $108 million is expected to be transferred to Uzbekistan in the near future. In 2022, Uzbekistan’s Deputy Minister of Justice Muzraf Ikramov publicly stated that assets worth $240 million, linked to a criminal group associated with Gulnara Karimova, had been located in Belgium. He noted that cooperation between Uzbek and Belgian law enforcement agencies had been established to facilitate their return. When contacted by Kun.uz for comment, Uzbekistan’s Ministry of Justice said that details of the investigation remain classified. “Since the investigation process in Belgium is not over, and due to the confidentiality rules, it is not possible to disclose much information about these assets,” a ministry official said.

Turkmen Designers Present Their Works at an Evening of Art in Brussels

An evening dedicated to Turkmen art and traditions, organized by the Embassy of Turkmenistan within the framework of cultural exchange, was held in Brussels. The event brought together cultural sector representatives from Central Asia and Europe, including fashion and art figures. The Ambassador of Turkmenistan to Belgium, Sapar Palvanov, opened the meeting, noting that Turkmen culture is a heritage that needs to be protected and passed on to new generations. The diplomat emphasized the role of cultural diplomacy as a means of strengthening ties between peoples. “Culture has always been a neutral sphere that unites people," Palvanov stated. An essential part of the program was a speech dedicated to the 300th anniversary of the great poet, Makhtumkuli. The Ambassador spoke about how his ideas continue to inspire not only Turkmen, but people of other nations, influencing Turkmenistan's cultural ties with Europe. The evening's guests were presented with the works of talented Turkmen designers, Sheker Akiniyazova, Shemshat Tachmammedova, and Ogulbeg Berdimiradov. Their collections combined traditional elements with modern fashion. The designers also participated in the Brussels cultural program and presented at European institutions. Elena Kharitonova, founder of Caravan Cultura CreArt Agency in the Netherlands who co-organized the event emphasized the preservation of cultural values through modern projects and her support for young Turkmen designers.

Kazakhstan and Belgium Poised to Expand Bilateral Trade

On 8 April, Kazakhstan’s Deputy Minister of Trade and Integration, Kairat Torebayev attended a meeting in Brussels with Rose Donck, Director, Head of Department State Visits – Belgian Economic Missions of the Belgian Foreign Trade Agency. The parties discussed the potential expansion of bilateral trade and an agreement was made to organize a business forum with the participation of Kazakh and Belgian companies later this year in Belgium. The last economic mission of Belgium to Kazakhstan took place back in 2010, and according to Ms. Donck, the Belgian Foreign Trade Agency is currently planning a seminar on investment, trade, and economic opportunities in Kazakhstan for 200 Belgian companies in the very near future.

Kazakhstan and Belgium’s Province of Walloon Brabant to Expand Cooperation

Kazakhstan and Belgium’s Province of Walloon Brabant to Expand Cooperation On December 11th, the Ambassador of Kazakhstan to Belgium, Margulan Baimukhan made a working visit to the province of Walloon Brabant, where he met with the Governor of the region, Gilles Mahieu, Administrator of the Chamber of Commerce and Industry of Walloon Brabant, Christophe Lebrun, and District Commissioner of the region, Christophe Baes. During the meeting there was a presentation about the economic and scientific-educational potential of the region. The Kazakh diplomat spoke about the current state of Kazakhstan-Belgium, Kazakhstan-European and CA-EU relations. The main emphasis was placed on projects in the field of transportation, green economy, and rare earth metals. Ambassador Baimukhan also informed those gathered about the activities of the Kazakh-Belgian Business Council, and the upcoming business missions of Belgian companies and European agro-industrial firms to Kazakhstan in 2024. Following the meeting, it was agreed that a detailed presentation on economic and investment opportunities in Kazakhstan for business circles in Walloon Brabant would be prepared. Trade turnover between Kazakhstan and Belgium amounted to $514.5 million in 2022. Indicators for the period January-August 2023 amounted to $375.3 million, which is 6.7% higher than for the same period in the previous year. Gross direct investment from Belgium to Kazakhstan in 2022 amounted to $1.5 billion.