On 17 November 2025, Tashkent hosted the Belgium–Uzbekistan Business Forum, bringing together leading Belgian and European companies, international financial institutions, consulting firms, and Uzbek government agencies. AWEX and Flanders Investment & Trade organized the mission with the support of EUROUZ and the Benelux Chamber of Commerce — organizations that play a central role in promoting Belgian exports, supporting companies abroad, and attracting investment into Wallonia and Flanders. Their involvement reflects Belgium’s strategic interest in deepening economic and investment cooperation with Uzbekistan.

In his opening remarks, Mansurjon Rasulev, acting director of the Investment Promotion Agency, emphasized how Uzbekistan’s investment policy has advanced following major reforms launched since 2017. He pointed to strong FDI inflows and rapid development across priority sectors — including energy, pharmaceuticals, chemicals, mining, and mechanical engineering. Renewable energy projects involving EDF and other international partners drew particular participants’ attention.

An international advisory firm that helps foreign investors enter Eurasian markets, Schneider Group Consulting provided insights on the practical steps required to establish and operate a business in Uzbekistan, highlighting regulatory procedures and available support for foreign investors. The Head of the EBRD Resident Office in Uzbekistan, Andi Aranitasi outlined how the Bank supports private-sector development, infrastructure modernization, and sustainable growth. EUROUZ Secretary General Oybek Shaykhov concluded the discussions by noting Uzbekistan’s rising investment appeal and expanding opportunities for cooperation with European partners.

Belgian companies — representing logistics, industrial equipment, healthcare, and sustainable technologies — showed strong interest in Uzbekistan’s reform momentum and investment climate. Participants noted that ongoing reforms, major infrastructure upgrades, the expansion of international transport corridors, and the country’s growing openness make Uzbekistan one of the most attractive emerging markets for European businesses.