India and Uzbekistan have upgraded their bilateral relationship to a Comprehensive Strategic Partnership, marking a new phase in their longstanding ties. Alongside this diplomatic upgrade, the two countries have also taken steps to deepen economic engagement. Both sides have agreed to work towards a preferential trade agreement aimed at boosting bilateral trade. As part of this push, a target has been set to increase bilateral trade to $5 billion by 2030. However, further details regarding the specific framework, timeline, or sectors covered under the proposed trade deal are yet to be disclosed.