Uzbekistan has established the American-Uzbek Business and Investment Council to enhance trade, industrial cooperation, and investment between the two countries.
The decision, formalised by presidential decree on 12 November 2025, follows President Shavkat Mirziyoyev’s official visit to Washington from 4 to 6 November 2025.
Council Objectives and Mechanisms
The decree states that the council aims to unite major American and Uzbek companies and facilitate long-term business partnerships. It will act as a platform for identifying promising projects, promoting industrial collaboration, and ensuring transparent investment mechanisms.
The council will also support the development of export-oriented industries, including energy, mining, and manufacturing. As part of its structure, it will work alongside a newly created Investment Fund for American-Uzbek Projects, formed jointly with the U.S. International Development Finance Corporation (DFC). This fund will finance priority ventures in energy, infrastructure, and digital transformation.
Additionally, a dedicated Working Group on Tariff and Non-Tariff Regulation will operate under the council to simplify trade procedures and improve market access for Uzbek goods. The council’s headquarters will be based in Tashkent, with representation in Washington, D.C.
Strategic Agreements Signed
During President Mirziyoyev’s recent visit to the U.S. for the C5+1 Summit, several significant commercial agreements were concluded. Uzbekistan plans to import 100,000 tonnes of American cotton and 2 million tonnes of soya beans over the next three years under contracts between UzSanoatExport and Cargill. The imports aim to improve the quality of Uzbek textile production to meet international standards.
In the mining sector, the Ministry of Geology and Mineral Resources signed a partnership with Denali Exploration Group and a $1 billion memorandum with Traxys to jointly explore and process critical minerals, including wolfram and molybdenum.
From 1 January 2026, Uzbek residents will be permitted to undertake investment operations in the U.S. without restriction. Officials note that this measure will help diversify the economy, strengthen the private sector, and attract sustainable foreign investment.
Assistant to the President of the Republic of Azerbaijan, Hikmat Hajiyev, held a series of bilateral meetings on the sidelines of the 23rd Doha Forum ...
The 23rd edition of the Doha Forum commenced on Saturday in the Qatari capital, focusing on the theme “Justice in Action: Beyond Promises to Progres...
A railway hub near Kyiv was struck during a large-scale Russian drone and missile assault, damaging the depot and railway carriages, the Ukrainian sta...
Azerbaijan and Uzbekistan have strengthened their energy partnership with the launch of a joint exploration project in the Ustyurt region, highlightin...
Azerbaijan and Uzbekistan have strengthened their energy partnership with the launch of a joint exploration project in the Ustyurt region, highlighting growing strategic cooperation between the two countries.
The 23rd edition of the Doha Forum commenced on Saturday in the Qatari capital, focusing on the theme “Justice in Action: Beyond Promises to Progress.”
Assistant to the President of the Republic of Azerbaijan, Hikmat Hajiyev, held a series of bilateral meetings on the sidelines of the 23rd Doha Forum in Qatar, aimed at deepening cooperation between the two countries.
The 2026 FIFA World Cup draw at the Kennedy Center in Washington, D.C., has finalized the group stage for the tournament co-hosted by the U.S., Canada, and Mexico, setting the schedule and matchups for next summer’s expanded 48-team event.
Israel was cleared on Thursday to participate in the 2026 Eurovision Song Contest, a decision made by the organisers, the European Broadcasting Union (EBU), which sparked a major controversy.
Pakistan and Afghanistan exchanged heavy fire along their shared border late on Friday, a reminder of how sensitive the frontier remains despite ongoing diplomatic efforts.
Iran’s Foreign Ministry has strongly condemned the Gulf Cooperation Council (GCC) for its support of the claims by United Arab Emirates on three Iranian islands.
Chinese leader Xi Jinping accompanied French President Emmanuel Macron to Chengdu on Friday, a rare gesture seemingly reserved for the head of Europe's second-largest economy that highlights Beijing's focus on Paris in its ties with the European Union.
The 23rd edition of the Doha Forum commenced on Saturday in the Qatari capital, focusing on the theme “Justice in Action: Beyond Promises to Progress.”
A railway hub near Kyiv was struck during a large-scale Russian drone and missile assault, damaging the depot and railway carriages, the Ukrainian state railway company Ukrzaliznytsia reported on Saturday.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 6th of December, covering the latest developments you need to know.
Australia has moved to directly pressure the Taliban leadership, imposing financial sanctions and travel bans on four senior officials it says are responsible for the steady erosion of women’s rights in Afghanistan.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment