Uzbekistan Launches New Exchange-Based Trade Mechanism with Afghanistan

DID Press: Uzbekistan introduced a new stock exchange–based trade mechanism with Afghanistan aimed at facilitating exports, reducing banking costs, and improving transparency in bilateral commercial transactions.

The initiative, developed by the Uzbek Chamber of Commerce and Industry, allows exporters to offer goods directly to the Afghan market through the Uzbekistan Commodity Exchange platform. Transactions are secured through banking guarantees to minimize financial risk for both sides.

According to officials, Afghan buyers will conduct payments via Ghazanfar Bank, which will retain 90% of the contract value until goods reach the border, following an initial 10% advance payment. Funds are secured through a network of Uzbek banks, including Trustbank, Uzpromstroybank, Infinbank, Asaka Bank, and Agrobank.

The system, reportedly launched under directives from President Shavkat Mirziyoyev, is expected to streamline trade flows and strengthen economic connectivity between the two countries.