From 9 to 14 February 2026, an interagency working group of the Republic of Uzbekistan, led by Deputy Minister of Investment, Industry and Trade Shokhrukh Gulamov, conducted a working visit to the Republic of South Africa. The visit included a programme of meetings with South African government officials and private sector representatives aimed at deepening bilateral economic cooperation and expanding trade links.
During the visit, the Uzbek delegation held discussions with South African Deputy Minister of International Relations and Cooperation Thandi Moraka, Minister of Trade, Industry and Competition Parks Tau, and Presidential Investment Advisor Alistair Ruiters. Following the negotiations, agreements were reached to strengthen the legal and regulatory framework governing bilateral trade and economic cooperation, establish a bilateral Intergovernmental Commission on Trade and Economic Cooperation, and set up a joint working group tasked with increasing bilateral trade turnover.
In addition to government‑to‑government discussions, the delegation held meetings with executives from leading South African companies, including Sasol, Intertoll Africa, Aspen Pharmacare, Amka Products (Pty) Ltd, Life Healthcare, Brimstone Investment Corporation, Tsico Africa Group, Capespan, and Mechem S.A. The engagements focused on prospects for launching joint projects and investment implementation in sectors such as petrochemicals, pharmaceuticals, mining, infrastructure, healthcare, and the agro‑industrial value chain.
The joint working group, formed under the intergovernmental framework, is expected to begin technical sessions later in 2026 to identify priority projects, harmonise customs and regulatory processes, and develop a roadmap for achieving measurable increases in bilateral trade and investment flows. Transitional arrangements and detailed work plans remain under development by both sides.
The agreements are part of Uzbekistan's ongoing efforts to diversify its export base and deepen economic integration with partners beyond traditional Eurasian corridors. South Africa, as the continent’s second‑largest economy, represents a strategic partner for expanding Uzbekistan’s trade links into African markets and promoting cooperation across key industrial sectors.
Cynthia Ebot Takang
The BCEAO cut its main policy rate by 25 basis points to 3.00%, effective March 16. Inflation...
Ethio Telecom has signed a new agreement with Ericsson to expand and modernize its telecom netwo...
EIB commits over €1 billion for renewable energy in sub-Saharan Africa Funding supports Miss...
MTN Zambia tests Starlink satellite service connecting phones directly from space Direct-to...
Nigeria introduced a 1% flat tax on the turnover of informal-sector businesses under a new presump...
Gulfcam plans to acquire six vessels to strengthen container transport between Kribi and Douala. The company aims to handle up to 50% of freight...
Dangote Cement’s sales in Cameroon fell 14.1% in 2025, dropping to 1.2 million tons. The company links the decline to economic disruption tied to...
MSC has signed a 45-year concession with Nigerdock to develop a container terminal at Snake Island Port in Lagos. The project is part of a...
Benin has approved a national food and nutrition strategy covering 2026–2030. The plan aims to turn national nutrition policy into concrete, funded...
With much of Africa’s cultural heritage still held outside the continent and restitutions in Europe moving slowly, a South African video game imagines...
Paris exhibition showcases Brazilian painter Gonçalo Ivo’s Africa-inspired works Show runs March 20-July 9 at La Maison Gacha Exhibition...