During meetings in Washington, US officials and Uzbek President Shavkat Mirziyoyev announced the start of a collaborative investment platform between Uzbekistan and the US. President Donald Trump invited Mirziyoyev to Washington, D.C. to attend the first meeting of the Board of Peace, which is Trump’s diplomatic effort to help Gaza. Earlier this year, Uzbekistan signed the body’s founding declaration at the World Economic Forum in Davos.
In the last few years, the two countries have worked together more on economic issues. Last year, trade between the two countries was worth more than $1 billion (€850 million), and about 340 US companies do business in Uzbekistan. At the end of discussions with the heads of the Export-Import Bank of the United States and the US International Development Finance Corporation, the agreement that set up the Uzbekistan–US Investment Platform was officially signed.
The framework is meant to give systemic support to important projects and improve communication between Uzbek officials, US development banks, and private investors. In the plan, Eximbank is supposed to give more money to big industrial and infrastructural projects, as well as help with exports of high-tech equipment. Talks with the DFC were mostly about strengthening investment collaboration and the company’s aspirations to take part in big national and regional initiatives, especially in developing the energy and financial markets.
Also Read:
Geneva Marks the Conclusion of US-Iranian Nuclear Negotiations
The US Puts More Military Pressure on Iran Before Crucial Negotiations
