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Embassy of the Republic of Uzbekistan in the Arab Republic of Egypt

Economic Cooperation

On trade and economic cooperation of the Republic of Uzbekistan with the Arab Republic of Egypt

The legal framework consists of 51 documents covering various areas, incl. trade, investment, taxation, air traffic, science, culture, tourism, security and combating terrorism, development of natural resources, etc.:

The basis of trade and economic cooperation of the legal framework is the Intergovernmental Agreements on the Promotion and Protection of Investments (Cairo, December 16, 1992), on economic and scientific and technical cooperation (Cairo, December 16, 1992), on the avoidance of double taxation
and prevention of income tax evasion (Tashkent,
September 5, 2018) and trade (Tashkent, June 19, 2001).

In accordance with the agreement on trade and economic cooperation, the Intergovernmental Commission on Trade, Economic, Scientific and Technical Cooperation operates.

In 2019 Trade turnover between the Republic of Uzbekistan and the Arab Republic of Egypt amounted to 30.686 million dollars (an increase of 351.9%), incl. export 13.821 million dollars (in 365.7%), import - 16.864 million dollars (341.3%).

The basis of exports: cotton yarn - 87.4%, mineral fuel and electricity - 2.7%, non-ferrous metals - 1.8%, animal products - 1.5%, transport and tourism services 6%, etc.

Imports: mechanical equipment, lifting device - 91.9%, citrus fruits - 4%, pharmaceutical products - 1.1%, etc.

As of April 1, 2020, 23 enterprises with the participation of Egyptian capital (12 with 100% capital) operate on the territory of the Republic of Uzbekistan.

Transportation of goods by land transport is carried out through the ports of Turkey (Mersin), Georgia (Poti, Batumi), Iran (Bandar Abbas), Latvia (Riga) and other countries.

Rail transportation

In 2019 the volume of railway cargo transportation amounted to 4,922.8 tons. (-57.4%), including: export cargo 4,435.4 tons (3.5 times increase), import cargo 487.4 tons (-9.5%).

Air Transport

Between 2007 and 2008 Uzbekistan Airways operated regular flights on the Tashkent-Cairo-Tashkent route with a frequency of 1 time per week.

From March 2019 charter flights on the route Tashkent - Sharm al-Sheikh-Tashkent were organized by the Egyptian company "AL-Masriya". Since August 2019, the second Egyptian airline (low-cost airline) Nile air has also launched flights on the Tashkent-Sharm el-Sheikh route.