Uzbek companies begin investing in US economy, Mirziyoyev says

President Shavkat Mirziyoyev said Uzbek companies are starting to invest in the US economy. He made the remark on October 19 at the opening of the second meeting of the US-Uzbekistan Business and Investment Council in Samarkand, according to the presidential press service. US Secretary of State Marco Rubio, US Special Envoy Sergio Gor, and representatives of leading American companies and banks also took part.

Mirziyoyev said hundreds of companies with American capital operate in Uzbekistan, and the country cooperates with them in industry, energy, transport, agriculture, education and new technologies. The sides prepared a package of 54 agreements and promising initiatives worth about $12 billion, and a comprehensive action program is planned to implement them. Priority areas include processing critical minerals, energy, data centres, artificial intelligence and digital solutions, and education. Uzbekistan also intends to adopt a plug-and-play model for investors, and Mirziyoyev proposed a trade, investment and technology cooperation program with the US through 2035.