At the conclusion of his visit to Washington, D.C., President Shavkat Mirziyoyev met with leaders of US companies, investment funds, and financial institutions.
In the meeting were present the US Secretary of Commerce Howard Lutnick, Special Assistant to the President Ricky Gill, Special Envoy of the President Paolo Zampolli, Deputy Secretary of Agriculture Stephen Vaden, as well as the heads of the American-Uzbek Chamber of Commerce, and top managers of major corporations – Traxys, FLSmidth, McKinsey, META, Google, Amazon, Boeing, Air Products, Axiom Space, Cove Capital, Freeport-McMoRan, Orion CMC, Cargill Cotton, John Deere, Honeywell, Valmont Industries, Flowserve Corporation, and many others.
At the beginning of the meeting, Shavkat Mirziyoyev underscored that over the past 8 years, trade turnover with the United States had increased fourfold, with over 300 US companies successfully operating in Uzbekistan.
He particularly emphasized that the achieved level of cooperation is only the beginning of a new stage, opening up broad prospects for bilateral cooperation. He announced that during the upcoming meeting with US President Donald Trump, specific areas of economic cooperation and new joint initiatives will be discussed.
In his remarks, the Uzbek leader outlined the priority areas of strategic partnership between the two countries.
By 2030, Uzbekistan will get a new power production system with 18-20 gigawatts of renewables, and over half of all power being produced from solar and wind power.
In this backdrop, Uzbekistan and the United States will develop the production and deep processing of uranium, copper, tungsten, molybdenum, and graphite. The plan is to build reliable supply chains and introduce advanced American processing technologies.
Furthermore, a large-scale program for the modernization of roads, railways, terminals, and airports is being implemented. More than $12 billion is planned to be contributed to the development of transport infrastructure by 2030. Digital cooperation with American companies Google, Meta, and NVIDIA is expanding – this includes the implementation of Apple Pay and Google Pay payment systems, the creation of a Digital Academy and a network of startup hubs.
It was announced that the DFC Corporation and the US Exim Bank would be involved in promoting and financially supporting these projects.