Uzbekistan strengthens partnership with one of the United Kingdom’s largest investors

Uzbekistan’s Ambassador Ravshan Usmanov met with Kingsley Wheaton, Chief Corporate Officer of British American Tobacco (BAT), the correspondent of Dunyo news agency reports.

During the talks, the company representative emphasised the priority importance of cooperation with Uzbekistan. According to him, the company’s total investment in the country’s economy since 1994 has exceeded US$530 million.

It was noted that, since 2021, BAT Uzbekistan has been operating as a regional export hub. In 2025, the company’s exports of raw materials and finished products reached US$95 million.

The company representative confirmed the company’s readiness to expand its investment activities in Uzbekistan and jointly develop new promising projects.

The meeting participants also focused on preventing the use of nicotine products by minors, promoting responsible approaches and considering innovative solutions in this area.

British American Tobacco is one of the world’s largest international tobacco companies. Founded in 1902, it is headquartered in London. The company operates in more than 170 countries and employs over 48,000 people. Its revenue in 2025 amounted to US$34 billion.

BAT Uzbekistan has been operating in the Uzbek market since 1994. It employs more than 1,000 people and is among the country’s largest taxpayers. In 2025, the company paid UZS 3.2 trillion to the state budget and was fully privatised.

Following the meeting, the parties reaffirmed their interest in steadily developing mutually beneficial cooperation and jointly exploring new investment opportunities.