Uzbekistan set to increase fruit and vegetable exports to Mongolia tenfold, invest $100 million in joint projects

As it was previously reported, the president signed a resolution on 18 July outlining initiatives to deepen collaboration with Mongolia. These include tax incentives and concessional loans for importing small ruminants from Mongolia.

The presidential decree sets ambitious targets for boosting exports of food and agricultural goods, wool, and cashmere processing. Notably, Uzbekistan plans to increase its exports of fruit and vegetable products to the Mongolian market tenfold.

The Ministry of Transport has been tasked with arranging the air shipment of fruits, vegetables, and other food products to Mongolia. A portion of these goods will also be re-exported from Mongolia to third countries.

The Agency for Plant Quarantine and Protection, together with the Chamber of Commerce and Industry, has been instructed to establish a joint Uzbek–Mongolian trade house by 2025–2026. In addition, Uzbek product fairs will be held at shopping centers across Mongolia, and branded display stands will be set up in major marketplaces.

By the end of this year, a pilot purchase of fine wool and cashmere from Mongolia will be conducted through Uzsanoatexport, using funds from the Trade Development Company. The raw materials will be used to produce blended yarn and fabric at textile factories in Uzbekistan.

By late 2026, Uzbekistan will launch enterprises to process wool obtained from the imported small ruminants. Specialists from these enterprises will receive advanced training at Mongolian textile factories.

The president also instructed the Agency for Agri-Industrial Development to supply Mongolia with 10,000 frost-resistant, high-yield fruit tree saplings. These will be planted in a 15-hectare intensive orchard equipped with a drip irrigation system.

To fund these joint initiatives, $50 million will be allocated to the Industrial Development Fund and another $50 million to the Trade Promotion Fund. The funds will also be used to provide working capital for participating businesses.

Deputy Prime Minister Jamshid Khodjaev and Minister of Economy and Finance Jamshid Kuchkarov have been given two months to submit financing proposals to the Presidential Administration. The funds are expected to be repaid by the end of 2030.