https://central.asia-news.com/en_GB/articles/cnmi_ca/newsbriefs/2019/06/18/newsbrief-02

US trade mission starts working in Uzbekistan

Caravanserai

TASHKENT -- The first US Certified Trade Mission to Uzbekistan is visiting Tashkent this week, the US embassy in Uzbekistan said in a statement Tuesday (June 18).

The mission includes about 30 representatives from 13 American firms. They are learning about the Uzbek business and investment climate.

The US companies include giants like General Electric, Bechtel, and John Deere.

"While US-Uzbekistan trade has more than doubled from approximately $150 million [1.3 trillion UZS] in 2017 to over $300 million [2.6 trillion UZS] in 2018, significant opportunities exist to strengthen commercial and economic ties," said US Commerce Secretary Wilbur Ross, according to the embassy.

"Uzbekistan's economic landscape is changing rapidly, thanks to ambitious reform efforts by the government," said US Ambassador to Uzbekistan Daniel Rosenblum. "We encourage deeper and broader contacts between the US and Uzbek private sectors."

Uzbekistan's transportation, energy and health ministers presented investment opportunities in their sectors and answered questions from the US trade mission members.

"The United States of America is a strategic partner of the Republic of Uzbekistan ... I am convinced that events like this serve to strengthen contacts and trust between the business communities of our countries and helps find new areas of co-operation," said Uzbek Investments and Foreign Trade Minister Sardor Umurzakov.

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