Uranium supply deal, $5 billion annual trade by 2030: India-Uzbekistan strengthen ties during PM Modi's visit
India and Uzbekistan set a bilateral trade target of USD 5 billion annually by 2030, up from the present of over USD 1 billion.
India and Uzbekistan bolstered their bilateral ties during Prime Minister Narendra Modi's visit, elevating the partnership to a Comprehensive Strategic Partnership. The two nations aim to increase bilateral trade to over $5 billion annually by 2030, up from the current value of over $1 billion. They also agreed to establish a framework for long-term uranium supply from Uzbekistan to India, reflecting cooperation in the civil-nuclear energy sector.
Additionally, the two leaders discussed strengthening defense and security cooperation, including direct linkages and co-development of military hardware. The visit comes as PM Modi prepares to attend the 26th Shanghai Cooperation Organisation summit in Kyrgyzstan.
Written by urgent.news from Hindustan Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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