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Uzbekistan, US talk boosting mutual investments

Uzbekistan Materials 10 July 2023 19:00 (UTC +04:00)
Kamol Ismailov
Kamol Ismailov
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TASHKENT, Uzbekistan, July 10. Promoting improved business relations between Uzbekistan and the US remain top priorities on the bilateral agenda between the two countries, Foreign Minister of Uzbekistan Bakhtiyor Saidov said, Trend reports.

He made the remark, following the meeting between Uzbek FM and Carolyn Lamm, Chairwoman of the American-Uzbekistan Chamber of Commerce.

The sides discussed various areas of mutual interest were addressed, including trade promotion, investment opportunities, and the exploration of new avenues for economic partnership. Both parties expressed their determination to enhance bilateral trade, attract investments, and foster economic growth.

Meanwhile, the trade turnover between Uzbekistan and the US from January through May 2023 totaled $257.2 million, which is an increase of 19 percent year-on-year ($216 million). In the reporting period of 2023, Uzbek exports to the US accounted for $71.9 million, while imports totaled $185.3 million.

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