Photo: Press Service of the President of Uzbekistan
Uzbek President Shavkat Mirziyoyev, on a visit to New York for the 80th session of the UN General Assembly, took part in a roundtable with U.S. business leaders and held a series of bilateral meetings. According to the presidential press service, the talks resulted in a portfolio of contracts and investment projects exceeding $100 billion.
The roundtable covered multiple areas of U.S.–Uzbekistan economic cooperation. Alongside executives of major corporations, investment funds, and financial institutions, the event was attended by U.S. Presidential Envoy for South and Central Asia Sergio Gor, Special Envoy for Global Partnerships Paolo Zampolli, U.S. Deputy Secretary of Commerce William Kimmitt, and Chair of the American-Uzbekistan Chamber of Commerce Carolyn Lamm.
Mirziyoyev noted that his recent conversation with President Donald Trump resulted in agreements to expand economic ties and build a substantial portfolio of long-term projects.
Over the past eight years, bilateral trade has quadrupled, and more than 300 U.S. companies have invested in Uzbekistan. For example, the National Investment Fund was established in cooperation with Franklin Templeton.
Priority areas identified include partnerships in critical minerals and supply chain resilience, as well as cooperation in IT, artificial intelligence, digitalization, transportation, energy, and social infrastructure, smart agriculture, and advanced technology.
According to the Uzbek presidential press service, the following agreements were signed:
· Long-term cooperation in transport between the Ministry of Transport and Boeing;
· A joint venture for the production of mining and processing equipment between Technopark LLC and FLSmidth;
· Establishment of a multidisciplinary clinic and educational institution between Akfa Group and Cleveland Clinic;
· A partnership agreement between airline Centrum Air and investment company Oppenheimer;
· A cooperation agreement between the Ministry of Economy and Finance and Citigroup;
· A financial cooperation agreement between Uzbekhydroenergo JSC and Cargill Financial Services International;
· A cooperation agreement between Uztransgaz JSC and Pangea Filtration Technology;
· A geological exploration agreement between the Ministry of Mining and Geology and Cove Capital;
· A cooperation agreement between Yangi Kon LLC and SLB;
· An agreement to establish funds for AI and biotechnology projects between the Fund for Reconstruction and Development of Uzbekistan and Biologic International.
