The key facts
- A package of 54 agreements between Uzbekistan and the US worth $12 billion was signed — data from the Ministry of Investment, Industry and Trade of Uzbekistan.
- Among the partners: Wabtec, GE Aerospace, Franklin Templeton, Citigroup, BlackRock, Trafigura, Amazon Leo, GE HealthCare, Valmont Industries.
- More than 400 companies took part in the business program: over 100 American, 100 from other Central Asian countries and 200 Uzbek ones.
A package of agreements worth $12 billion
During the visit of an American delegation to Uzbekistan, a package of 54 agreements in the sphere of trade, investment and technological cooperation was signed. Their implementation provides for the deployment of $12 billion, the press service of the Ministry of Investment, Industry and Trade (MIIT) of Uzbekistan reported. The agreements cover industry, transport and energy infrastructure, critical minerals, the financial sector, digital technologies, agriculture, healthcare and education.
Transport and finance
In the transport sphere, cooperation with GE Aerospace provides for the supply of engines for new Uzbekistan Airways aircraft, while initiatives with Wabtec are aimed at localizing the production of railway equipment and components. In the financial sector, agreements with Franklin Templeton, Oppenheimer & Co., Citigroup and BlackRock concern national companies' access to international capital markets, attracting institutional investors and financing infrastructure projects.
Minerals, communications, medicine and agriculture
In the mining industry, agreements with ReElement Technologies, Traxys and Trafigura are related to the study and development of deposits, technological cooperation and supplies of mineral resources, including the development of Uzbekistan's competencies in the field of critical minerals. Initiatives with Amazon Leo provide for the development of satellite communications, with GE HealthCare — the introduction of modern medical technologies, and with Valmont Industries — increasing the efficiency of agriculture.
Participants and assessment
According to the MIIT, representatives of more than 400 companies took part in the business program: over 100 American, 100 from other Central Asian countries and 200 enterprises of Uzbekistan. The ministry noted: “The signed package lays the foundation for a new stage of Uzbek-American economic interaction, combining international capital and advanced technologies with Uzbekistan's industrial potential. The next priority will be the consistent translation of the reached agreements into concrete results.”
