Economics

Shavkat Mirziyoyev outlined new priorities for Uzbekistan–US economic cooperation

Deep processing of critical minerals, the establishment of data processing centers, and the implementation of artificial intelligence could become priority areas of Uzbekistan's cooperation with the US. President Shavkat Mirziyoyev outlined the tasks for expanding economic ties between the two countries at a business forum in Samarkand.

Shavkat Mirziyoyev outlined new priority areas for Uzbekistan – US economic cooperation

On October 19, President Shavkat Mirziyoyev attended the opening of the second meeting of the American-Uzbekistan Business and Investment Council.

The event was also attended by US Secretary of State Marco Rubio, Special Envoy of the US President Sergio Gor, as well as representatives of leading American companies and banks.

In his speech, the head of state emphasized that it is symbolic that new opportunities for cooperation between Uzbekistan and the US are being discussed in Samarkand — a city that has connected peoples, cultures, and trade routes for many centuries.

It was noted that today, relations between Uzbekistan and America have reached a qualitatively new level, which is primarily associated with the personal attention and support of US President Donald Trump.

The need to further expand economic ties based on a strong political partnership was particularly highlighted.

It was noted that the American-Uzbekistan Business and Investment Council plays an important role in this regard, making a significant contribution to promoting joint projects and initiatives.

The head of state also touched upon the large-scale reforms being implemented in Uzbekistan. The economy is growing, new enterprises are being launched, jobs are being created, and educational opportunities for youth are expanding.

At the same time, it was emphasized that the process of attracting investment for the further development of industry and the creation of modern infrastructure must be accompanied by the introduction of advanced technologies and the exchange of knowledge and experience.

In this regard, it was noted that extensive experience has been accumulated in cooperation with US business. Today, hundreds of companies with American capital operate in Uzbekistan. Cooperation with them has been established in the fields of industry, energy, transport, agriculture, education, and new technologies. Currently, Uzbek companies are also beginning to invest in the US economy.

The extraction and deep processing of critical minerals to produce high-tech products, the development of a modern and stable energy system, the creation of data processing centers, the introduction of artificial intelligence and digital solutions into industry, agriculture, education, and public administration, as well as education and manpower training were pointed out as promising areas for further expanding cooperation.

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