President of Uzbekistan Shavkat Mirziyoyev last week welcomed Ngozi Okonjo-Iweala, director-general of the World Trade Organization (WTO), in Tashkent for a meeting to discuss Uzbekistan's ongoing efforts to join the global trade body.
Discussions cantered on practical steps Uzbekistan has taken towards WTO accession.
Two sessions of the WTO/Uzbekistan accession working group have taken place.
Talks have started on agricultural support conditions. Efforts to harmonise national legislation with WTO norms are continuing.
The meeting also looked at building green economy cooperation, advancing e-commerce and increasing the export of digital services.
A proposal was made to establish a Center for Competence in Trade Policy in Uzbekistan. It would be aimed at bolstering the skills of local professionals in international trade regulation, with support from the WTO.
Okonjo-Iweala met with university students.
She was awarded an honorary doctorate from the University of World Economy and Diplomacy.
Uzbekistan officially resumed its WTO accession process in July 2020.
In May, it was announced that Uzbekistan aims to join the WTO before the 14th ministerial conference in Cameroon in 2026.
On June 3, Mirziyoyev signed a decree to accelerate market reforms and align national legislation with WTO agreements.
Don’t just follow the news—understand it.
The IntelliNews PRO service includes access to reports, exclusive market data, and more news that decision-makers care about. Stay ahead of the market with IntelliNews PRO.
Sign Up NowRelated Articles
Net income at Freedom Holding Corp more than doubles in fiscal 2026
Freedom Holding Corp (Nasdaq: FRHC) slightly more than doubled its net income to $153.3mn in its fiscal year to March 31 from from $76.2mn in the previous fiscal 12 months, the international ... more
Eurasian Development Bank redeems €286mn Eurobond
The Eurasian Development Bank (EDB) said on March 26 it had fully redeemed a five-year Eurobond, meeting all obligations to investors at maturity. The bank paid a total of €286mn, covering both ... more
Georgia’s TBC Bank weighs up separate IPO for TBC Uzbekistan digital bank
London-listed TBC Bank Group PLC (LON: TBCG) is weighing up conducting a separate initial public offering (IPO) for its TBC Uzbekistan digital bank business. Reuters on February 24 ... more