The discussions took place during a meeting at the Chamber of
Commerce and Industry of Uzbekistan with a delegation led by New
York City Mayor Eric Adams. The session was attended by Umid
Safarov, Advisor to the Chairman of the Chamber, prominent Uzbek
entrepreneurs, and representatives from various business
associations.
During the meeting, Umid Safarov proposed initiatives aimed at
preparing Uzbek entrepreneurs for the U.S. financial markets,
including potential collaborations with the New York Stock
Exchange. He also suggested the establishment of business schools
and acceleration programs in Uzbekistan in partnership with leading
U.S. universities, as well as the creation of a joint vocational
college in Tashkent.
Kamolat Mirzaalieva, President of the Association of Small
Businesses, highlighted the prospect of forging partnerships with
the New York Small Business Association and securing support for
the export of local products to the U.S. market.
Entrepreneurs also put forward proposals to expand the export of
agricultural products to the U.S., enhance the development of
biochemical production, and promote innovative projects.
Meanwhile, by the end of 2024, bilateral trade between
Uzbekistan and the U.S. had grown significantly by 15 percent,
reaching a trade turnover of $881.7 million. During the same
period, U.S. direct investment in Uzbekistan totaled $612.6
million. Currently, more than 300 U.S.-invested enterprises operate
in Uzbekistan, including 167 fully owned by American
stakeholders.
