Thirty Years On: What the EU–Uzbekistan EPCA Commits Both Sides To

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The full 253-page text of the EU’s most expansive bilateral agreement in Central Asia is now published. A close reading reveals an architecture built around WTO accession, the Middle Corridor, and unresolved labour standards

The EPCA published on April 30th 2026 replaces the previous Partnership and Cooperation Agreement signed in Florence in 1996, when Uzbekistan was a newly independent state and Central Asia barely featured in European strategic thinking. The context today is entirely different, as Russia’s 2022 invasion of Ukraine transformed the Trans-Caspian corridor, the Middle Corridor linking China through Kazakhstan, across the Caspian, and through the South Caucasus to Europe, from a secondary logistics option into a strategic priority. Uzbekistan sits at Central Asia’s geographic centre and holds supply chains that European industry needed to rethink. Simultaneously, President Mirziyoyev’s reform programme since 2016 has produced a measurable liberalisation, including currency convertibility, partial privatisation, foreign investment opening, and the formal end of the Soviet-era system of state-imposed forced labour in cotton harvesting.

The trade figures frame the agreement’s ambition, as bilateral EU–Uzbekistan trade stood at roughly $2 billion in 2016. By 2024 it had reached approximately $6.4 billion, a more than threefold increase in eight years. The EU accounts for around 10.4% of Uzbekistan’s total trade, making it Uzbekistan’s third-largest trading partner after China and Russia, and its second-largest export destination. Since 2021, Uzbekistan has benefited from GSP+ preferential access to the EU market; around 60% of its EU-bound exports now enter duty-free or at reduced rates, concentrated in chemicals, fertilisers, textiles, and plastics. Over 1,000 enterprises with European capital operate in Uzbekistan, supported by $12.4 billion in EU-linked FDI and loans accumulated between 2017 and 2024.

EU–Uzbekistan Bilateral Trade 2016–2024
Total trade in goods · USD billion · Sources: Uzbek government data, European Commission, NE Global Media
3.2×
Trade growth 2016–2024
$6.4bn
2024 bilateral trade
10.4%
EU share of Uzbek trade 2024
$12.4bn
EU-linked FDI & loans 2017–2024

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Javier Iglesias
Javier Iglesiashttp://theunionreport.eu
Javier Iglesias holds an MA in International Studies and a BA in History, graduating with Honours from the University of Santiago de Compostela, Spain. He has previously worked in Brussels, at the International Office of the CEU Foundation, where he worked parallel to the work of the Union's institutions, most notably parliament. He also worked at the Spanish Embassy in Ankara, where he was involved in regulatory and political monitoring and reporting. He founded The Union Report in January 2026 while preparing for the Spanish diplomatic corps entrance examination, originally as a structured way to build and organise his own knowledge of EU regulatory output. What began as personal study notes has since grown into a publication open to anyone, including students, legal practitioners, or simply citizens trying to make sense of what Brussels actually produces.

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