View AbstractIndia–Uzbekistan economic relations are the outcome of the visits of the various
highest-level officials and political leadership. In 2015, after becoming Prime Minister,
Shri Narendra Modi visited Tashkent. In a press conference, he said, ‘I have begun my
journey in Uzbekistan underling its importance for India, not just in this region, but also
in Asia’. In a joint statement, he emphasized on building strategic partnerships,
combating terrorism, stability in regions, regional integration, and economic
cooperation. Before PM Shri Narendra Modi’s Tashkent visit, Uzbek President Islam
Karimov paid an official visit to India in 2011, during which 34 agreements were signed.
More than 30 projects were designed in the area of exploration and production of
hydrocarbons with leading Indian oil and gas companies like ONGC, manufacturing
optic-fiber cables at the Navoi free industrial-economic zone (FIEZ), projects in the field
of pharmaceuticals and medicine production, communication technology, textile, cotton,
silk, smartphones, and chemical industries. The visits of two leaders of India and
Uzbekistan have boosted the trade and commercial relationships between the two
countries. Therefore, in the last two decades, the relationship has been considered a new
dynamic of India-Uzbekistan’s Economic Relations. In light of the above agreements and
pacts, this paper mainly discusses to what extent the economic relationship between India
and Uzbekistan has improved and what should be the way forward for future course of
action. The paper is divided into three sections. The first section discusses Uzbek–India
relations in a historical-cultural context. The second section analyzes Uzbek–India
relations in a geopolitical and economic context. The third section examines the
challenges before the relations of India and Uzbekistan.