Syria and Uzbekistan Sign Economic Cooperation MoU
Syria and Uzbekistan Sign Historic Economic Cooperation MoU, Boosting Regional Trade and Investment
In a significant development that promises to strengthen economic ties between two strategically located nations, Syria's Federation of Syrian Chambers of Commerce and Industry and Uzbekistan’s Chamber of Commerce and Industry signed a Memorandum of Understanding (MoU) on February 13, 2026, in Tashkent. The landmark agreement aims to enhance bilateral trade, promote business forums, and support small and medium-sized enterprises (SMEs) in both countries.
The signing of this MoU marks an important milestone in the economic partnership between Syria and Uzbekistan, two nations with a shared history and geographical proximity. The two countries have long been interconnected through their respective memberships in regional trade organizations, including the Organization of Islamic Cooperation and the Eurasian Economic Union. However, the current agreement represents a significant expansion of their cooperation, with a focus on promoting mutual economic interests and fostering sustainable growth.
Uzbekistan's President Shavkat Mirziyoyev emphasized the significance of this partnership for boosting regional trade and investment. "The signing of this MoU marks a new chapter in our bilateral relations," he stated, adding that Uzbekistan is committed to strengthening economic ties with Syria and supporting its development.
Syria's Minister of Economy and Foreign Trade, Dr. Ali Hassan Abdullah, also expressed his gratitude towards the Uzbek government for its support and cooperation. He noted that this MoU will help to increase trade between the two countries, promote business confidence, and create new opportunities for Syrian SMEs.
The MoU signed on February 13 is a significant step towards promoting economic cooperation between Syria and Uzbekistan. It outlines a range of initiatives aimed at enhancing bilateral trade, including the establishment of a joint Syrian-Uzbek business forum to facilitate dialogue between entrepreneurs, investors, and policymakers. The agreement also provides for support for SMEs in both countries, with a focus on promoting innovation, entrepreneurship, and job creation.
The signing of this MoU has significant implications for regional trade and investment patterns. As two strategically located nations with strong economic potential, Syria and Uzbekistan are poised to play an increasingly important role in shaping the future of regional trade and investment. With their shared history, cultural ties, and geographical proximity, these two countries have a unique opportunity to promote sustainable growth and development in the region.
In conclusion, the signing of this MoU represents a significant step towards promoting economic cooperation between Syria and Uzbekistan. As these two nations strengthen their bilateral ties, they will play an increasingly important role in shaping the future of regional trade and investment patterns. With their shared commitment to promoting mutual economic interests and fostering sustainable growth, Syria and Uzbekistan are poised to contribute significantly to the region's economic development in the years to come.