TASHKENT, Uzbekistan, November 7. President of
the Republic of Uzbekistan Shavkat Mirziyoyev held talks with U.S.
Secretary of Commerce Howard Lutnick in Washington to deepen
strategic economic cooperation and expand bilateral trade and
investment partnership through a joint Coordinating Council, the
presidential press service said, Trend reports.
During the meeting, the sides reviewed the progress of
multifaceted Uzbek-American relations and highlighted strong growth
dynamics in recent years. Trade turnover has quadrupled and is now
approaching $1 billion, while more than 300 U.S. companies
currently operate in Uzbekistan across sectors such as industry,
agriculture, energy, and innovative technologies.
The parties expressed mutual interest in establishing a
Coordinating Council to enhance interregional and
business-to-business cooperation. New instruments to facilitate
long-term investment — including legal and financial project
support — were discussed.
Agricultural cooperation was identified as a priority area.
Uzbekistan has begun importing soybeans and cotton from the United
States, and agreements have been reached on integrating American
drip irrigation systems to support efficiency and sustainability in
the country’s agro-industrial sector.
Following the negotiations, the sides agreed to intensify
practical cooperation through the creation of a dedicated
investment platform designed to support and accelerate joint
projects in key economic sectors.