U.S. and Uzbekistan Deepen Economic Ties With New Investment Pact

AI Summary

The US and Uzbekistan signed a memorandum of understanding to expand economic ties, focusing on mining, energy, IT, agriculture, and AI sectors. This agreement aims to facilitate business delegation visits and promote investment opportunities between the two countries.

The United States and Uzbekistan are working to expand business-to-business contacts with the aim of expanding US trade and investment in some key economic sectors, including mining, energy, IT, agriculture, and artificial intelligence. US Assistant Secretary of Commerce David Fogel signed a memorandum of understanding with Laziz Kudratov, the Uzbek minister of investment, on June 9 in Tashkent, outlining plans to facilitate business delegation visits and promote investment opportunities. “The MOU is structured around actionable economic…