Uzbekistan and the U.S. are preparing to launch a joint investment platform by the end of the year, alongside the creation of a new bilateral business council aimed at strengthening economic cooperation.
The initiatives were discussed during meetings in Washington led by Head of the Presidential Administration Saida Mirziyoyeva and senior U.S. officials, including representatives of the U.S. International Development Finance Corporation (DFC).
During talks with DFC Chief Executive Officer Ben Black, the sides discussed a “large portfolio” of potential projects and mechanisms to attract American investors to Uzbekistan. The U.S. development finance institution expressed readiness to help mobilise investment and share financial risks.
“We also plan to launch a joint investment platform this year,” Mirziyoyeva said following the meeting.
The discussions involved senior Uzbek officials, including Minister of Investments, Industry and Trade Laziz Kudratov, Ambassador to the United States Furkat Sidikov, and representatives of the Presidential Administration. The planned platform is expected to finance priority projects and strengthen cooperation with U.S. financial institutions.
The talks followed the inaugural meeting of the U.S.–Uzbekistan Business and Investment Council held in Washington. The new structure aims to strengthen contacts between entrepreneurs and create what officials described as a solid institutional foundation for joint business initiatives. A memorandum of understanding was signed following the meeting.
According to Mirziyoyeva, the council became possible due to the high level of trust between the leaders of both countries. U.S. co-chair Sergio Gor noted that Washington has demonstrated “serious intentions” to deepen its strategic partnership with Central Asia.
The council is expected to coordinate major investment and trade initiatives and facilitate dialogue between government agencies, financial institutions and private sector representatives. Plans also include establishing a dedicated investment fund to attract capital to Uzbekistan. The DFC is expected to serve as an anchor investor, with potential participation from the Asian Development Bank and the International Finance Corporation.
Among the priorities of the new mechanism are reducing tariff barriers, diversifying Uzbekistan’s investment portfolio, and promoting products and services from Uzbek companies, including IT Park Uzbekistan residents, in the U.S. market.
The proposal to create a joint investment platform was first discussed during President Shavkat Mirziyoyev’s visit to Washington in November 2025. The sides examined steps to accelerate financing of priority projects and discussed opening a regional DFC office in Tashkent.
Officials say the new initiatives are expected to deepen economic cooperation, expand investment flows, and strengthen the long-term partnership between Uzbekistan and the United States.
Overnight U.S. strikes caused blackouts in southwestern Iran and hit the northwestern city of Tabriz for the first time. Separately, a U.S. soldier di...
Armenian authorities have launched a criminal investigation into allegations that supporters of the Strong Armenia party offered bribes to voters in e...
Azerbaijan has rejected suggestions it played any official role in reported private talks between former German politicians and Russian representative...
Overnight U.S. strikes caused blackouts in southwestern Iran and hit the northwestern city of Tabriz for the first time. Separately, a U.S. soldier died in northern Iraq during a controlled detonation of an unexploded Iranian drone.
Armenian authorities have launched a criminal investigation into allegations that supporters of the Strong Armenia party offered bribes to voters in exchange for their support.
Georgia and Azerbaijan have launched a digital system for issuing and exchanging permits for international road freight transport. Georgian carriers can now use electronic permits in Azerbaijan, as they already do in Türkiye.
Andy Burnham is Britain's new Prime Minister, having met with King Charles at Buckingham Palace in London. Earlier, former Prime Minister Keir Starmer defended his record in his final adddress to the country, saying the UK was "stronger and fairer," than it was when he was elected.
Lionel Messi's Argentina face Spain in World Cup final with history on the line. Spain and Argentina meet on Sunday in the 2026 World Cup final, bringing together the reigning champions of Europe and South America.
At least six people were killed and 21 others injured after two earthquakes struck Peru's central Junín region, destroying dozens of homes and triggering a major emergency response.
The United States launched fresh strikes against Iran after two U.S. service members were killed in Jordan. U.S. President Donald Trump paid tribute to the fallen troops as Iran warned of further escalation.
Lebanese President Joseph Aoun will make his first trip to the White House this week to present a plan to U.S. President Donald Trump on how to disarm Iran-backed militant group Hezbollah and secure Israel's withdrawal from Lebanon.
Ontario Premier Doug Ford has criticised U.S. President Donald Trump's comments blaming Canada for wildfire smoke affecting parts of the United States. He called Trump's remarks "absolutely unacceptable" as crews battle hundreds of forest fires across the province.
Kazakhstan and Georgia will begin testing a digital permit exchange system for international road freight on 22 July, replacing paper permits with an electronic platform designed to streamline cross-border transport.
Georgia and Azerbaijan have launched a digital system for issuing and exchanging permits for international road freight transport. Georgian carriers can now use electronic permits in Azerbaijan, as they already do in Türkiye.
Pakistan's Finance Minister Muhammad Aurangzeb arrived in Washington on Saturday for a three-day visit as Islamabad resumes negotiations with the U.S. on a broader trade agreement aimed at expanding market access, investment and economic cooperation.
Turkish Defence Minister Yaşar Güler visited northern Cyprus to mark the 52nd anniversary of Türkiye's 1974 military intervention, as Ankara reaffirmed its support for Turkish Cypriots and renewed its call for international recognition of the self-declared Turkish Republic of Northern Cyprus.
At least two Palestinians were killed and others injured early Sunday in Israeli artillery and airstrikes in the Gaza Strip amid ongoing violations of a ceasefire.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment