• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10682 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10682 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10682 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10682 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10682 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10682 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10682 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10682 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%

Viewing results 1 - 6 of 73

U.S. and Uzbekistan Sign Landmark Economic and Strategic Agreements

The United States and Uzbekistan are deepening their economic and technological partnership. Following President Shavkat Mirziyoyev’s meeting with U.S. President Donald Trump in Washington, the U.S. State Department announced a sweeping package of agreements, described as among the most significant in the history of bilateral relations in both investment and strategic scope. High-Level Business Engagements During his Washington visit, President Mirziyoyev held talks with representatives from major American corporations, investment funds, and financial institutions. The meeting was attended by U.S. Secretary of Commerce Howard Lutnick, Special Assistant to the President Ricky Gill, Special Assistant to the President Ricky Gill, Deputy Secretary of Agriculture Stephen Vaden, and executives from companies such as Traxys, FLSmidth, McKinsey, Meta, Google, Amazon, Boeing, Air Products, Axiom Space, Cove Capital, Freeport-McMoRan, Orion CMC, Cargill Cotton, John Deere, Honeywell, Valmont Industries, and Flowserve Corporation. Opening the event, Mirziyoyev highlighted that trade between Uzbekistan and the U.S. has quadrupled over the past eight years, and more than 300 American companies are now operating in the country. He added that this is just the beginning of a new era in economic cooperation. Key strategic goals were outlined: by 2030, Uzbekistan aims to develop a new-generation energy system with 18-20 GW of renewable capacity, more than half of it sourced from solar and wind. In this context, the two countries plan to jointly develop and process critical minerals such as uranium, copper, tungsten, molybdenum, and graphite, establishing resilient supply chains and leveraging U.S. processing technologies. Infrastructure is another major focus. Uzbekistan intends to invest over $12 billion by 2030 to modernize roads, railways, terminals, and airports. Digital cooperation is also expanding. Projects with Google, Meta, and NVIDIA include the launch of Apple Pay and Google Pay, the creation of a Digital Academy, and the development of startup hubs. These initiatives are expected to be supported by the U.S. International Development Finance Corporation (DFC) and the U.S. Exim Bank. Mirziyoyev reaffirmed his personal commitment to supporting American investment, stressing that Uzbekistan remains a stable and favorable destination for foreign businesses. Securing Access to Strategic Raw Materials Washington’s primary interest lies in critical minerals. The U.S. will gain priority access to joint mining projects and exclusive access to geological data on rare earth and other strategically significant elements. This move is part of a broader U.S. effort to diversify global sources of inputs vital to defense, green energy, and other high-tech sectors. The two countries are also preparing a $400 million investment package to develop sustainable supply chains for critical and rare earth minerals. For Uzbekistan, this represents a key step toward integration into global value chains and reduced reliance on limited partners. Energy Cooperation: A Role for Small Modular Reactors Uzbekistan plans to acquire American small modular reactors (SMRs), a technology increasingly favored by emerging economies for its scalability and relatively low upfront costs. Interest in SMRs has grown following the 2025 approval of the upgraded NuScale Power Module (77 MW), and Uzbekistan may become one of the first countries in...

Tokayev Meets with U.S. Envoys Ahead of C5+1 Summit

Kazakhstan's President Kassym-Jomart Tokayev met in Astana with Sergio Gor, U.S. Special Representative for South and Central Asia, and Christopher Landau, U.S. Deputy Secretary of State, to discuss the future of the Kazakh-American expanded strategic partnership and preparations for the upcoming C5+1 summit in Washington. Tokayev expressed confidence that the summit, scheduled for November 6, would be productive in setting priorities for long-term cooperation. He emphasized Kazakhstan’s commitment to strengthening trade, economic, and investment ties with the United States. Tokayev also conveyed his appreciation to U.S. President Donald Trump for the invitation to the summit. He voiced Kazakhstan’s support for the domestic and foreign policies pursued by the Trump administration and praised its role in promoting global peace and security. Sergio Gor delivered Trump’s greetings and reaffirmed the strategic importance of Central Asia in U.S. foreign policy. He noted that the upcoming summit is expected to elevate bilateral cooperation to a new level. The leaders discussed opportunities for deepening cooperation in energy, critical minerals, digitalization, and the development of transport and logistics infrastructure. Earlier in their visit, the U.S. delegation traveled to Almaty, where Gor and Landau met with local business leaders and executives from American companies operating in Kazakhstan. They also toured the Museum of Modern Art, the Shymbulak ski resort, and the Medeu high-altitude ice rink. “Almaty is Kazakhstan's largest city and financial capital, located at the foot of the Zailiyskiy Alatau mountains. Just half an hour’s drive from the city is the world-famous Shymbulak ski resort, where we enjoyed warm Kazakh hospitality. I’m starting to feel at home here, surrounded by golden eagles and my new Kazakh friends!” Landau wrote on social media. The date of the C5+1 summit was first reported in media outlets before being confirmed through official correspondence between Tokayev and Trump. Uzbek media later corroborated the event, citing sources close to President Shavkat Mirziyoyev’s administration, followed by confirmation from Kyrgyz President Sadyr Japarov.

Tokayev in New York: $100B U.S. Investment Push Boosts Kazakhstan Ties

Kazakhstan and the United States are continuing to strengthen their strategic partnership, with investment playing a central role. At a roundtable with U.S. business representatives in New York, President Kassym-Jomart Tokayev stated that American investments in Kazakhstan’s economy have surpassed $100 billion. “Today, more than 630 American companies are successfully operating in our country, including Chevron, ExxonMobil, Boeing, Visa, Mastercard, Meta, Wabtec, and Citibank. We regard the U.S. as an important strategic partner and reaffirm our commitment to further developing multifaceted cooperation,” Tokayev said. The president noted that Kazakhstan’s economy grew by 6.5% in the first eight months of 2025. He added that ongoing political and economic reforms are creating favorable conditions for long-term growth and attracting further investment. Energy and Uranium: The Cornerstone of Cooperation Energy continues to underpin U.S.-Kazakhstan relations. “We recognize and highly value the large and successful investments of Chevron and ExxonMobil over the past 30 years. Despite all the turbulence in regional geopolitics, their presence in our country has never been questioned,” Tokayev said. He pointed out that Kazakhstan supplies about 40% of the global uranium market and nearly a quarter of U.S. imports. Tokayev also highlighted Kazakhstan’s “four sources” strategy - oil, gas, coal, and uranium - and expressed support for the U.S. approach to coal as a reliable energy source in the near term. $4.2 Billion Wabtec Agreement: A Landmark Deal A key outcome of Tokayev’s U.S. visit was the signing of a $4.2 billion agreement with American locomotive manufacturer Wabtec. According to the U.S. Department of Commerce, the deal will see Kazakhstan’s national railway company, Kazakhstan Temir Zholy (KTZ), acquire 300 ES44Aci Evolution Series freight locomotives over the next decade. U.S. Secretary of Commerce Howard Lutnick described the contract as the "largest in history,” noting it would create approximately 11,000 jobs in Texas and Pennsylvania. “This is not just a story of massive success, it’s an example of how American innovation strengthens global leadership,” he posted on X. Wabtec President and CEO Rafael Santana added, “This project represents KTZ’s ambition to transform Kazakhstan’s railway network into a key bridge between Europe and Asia.” Tokayev has emphasized that Kazakhstan is upgrading transport hubs and rolling out a “Smart Cargo” digital customs and logistics system to streamline east–west and Trans-Caspian transit traffic. Presidential Support: Trump and Tokayev Hold Call The Wabtec agreement was preceded by a phone call between U.S. President Donald Trump and President Tokayev. “I just concluded a wonderful call with the Highly Respected President of Kazakhstan, Kassym-Jomart Kemeluly Tokayev,” Trump wrote on Truth Social. He emphasized the significance of the locomotive deal and linked it to his broader support for revitalizing U.S. infrastructure. “We need to support our rail industry, which has been attacked for years by ‘fake environmentalists.’ Now railroads are coming back and fast!” he said. Observers noted that Trump’s personal involvement underscored the political importance of the agreement for bilateral relations. Green Energy Progress: SAF Plant with LanzaJet Another notable development was the agreement between Kazakhstan’s national oil...

Insider’s View: Uzbekistan–U.S. – A New Era of Environmentally Friendly and Energy-Efficient Investment

Today, environmentally friendly and energy-efficient projects are no longer just a fashionable trend but a factor of global competitiveness. Uzbekistan, once regarded as a country with a resource-based energy system and limited opportunities for the adoption of modern technologies, is now becoming a hub for “green” investment and innovation. A strategic partnership with the United States plays a special role in this process, encompassing key areas ranging from energy and ecology to finance, education, and culture. Clean and innovative projects are becoming the hallmark of Uzbek-American relations, shaping a new model of cooperation in the 21st century. Green Energy and Strategic Partnership Uzbekistan is moving confidently toward a “green” future. While in 2018 renewable energy sources accounted for less than one percent of electricity generation, from January to July 2025, renewables already provided 20.3% of the country’s total electricity. More than 11 billion kWh of “green” energy were produced, including 6.4 billion kWh from solar power plants and 3.6 billion kWh from wind farms. This volume saved 3.6 billion cubic meters of natural gas and prevented over 2.2 million tons of harmful emissions. Every day, renewables now generate about 26.7 million kWh – enough to cover the needs of 7.28 million households for half a year, or 3.64 million homes for an entire year. Currently, 10 solar and 4 wind plants with a combined capacity of more than 4.5 GW operate across 10 regions of the country. A key focus of Uzbek-American cooperation has become “green” energy. In 2025, Allied Green Ammonia (AGA), together with the U.S. company Plug Power, announced a major project for the production of sustainable aviation fuel, green diesel, and urea. The plan includes the supply of electrolyzers with a capacity of up to 2 GW for the future complex. A final investment decision is expected by the end of 2025, and the project has already been recognized as one of the flagship initiatives for Central Asia. Air Products – A Flagship of American Presence Air Products, a global leader in industrial gases and hydrogen energy, occupies a special place in Uzbek-American cooperation. In the Kashkadarya region, the company participates in a large-scale gas-to-liquids (GTL) project worth around $1 billion. The complex is designed to produce about 1.5 million tons of synthetic fuels per year, including diesel, jet kerosene, and naphtha. Its structure includes air separation units, autothermal reformers, and hydrogen production facilities. This project has become a landmark example of how U.S. technologies are transforming Uzbekistan’s energy sector. In addition to GTL, Air Products is actively developing industrial gas production in Uzbekistan. The company participates in oxygen, nitrogen, and hydrogen production projects, introduces the latest PSA units, as well as freezing and storage technologies that reduce food losses and enhance economic resilience. Furthermore, the company has implemented a “green financing” system that links investments to sustainability principles. These projects not only strengthen the country’s industrial potential but also pave the way for positioning Uzbekistan as a regional hub for “green” energy. The company’s future plans...

Tokyo Steps Up: Iwaya’s Central Asia Tour Signals Japan’s Long-Term Commitment

Japanese Foreign Minister Takeshi Iwaya made a landmark trip to Central Asia from August 24–28, 2025, holding talks in Kazakhstan and Uzbekistan. Tokyo framed the visit as a bid to deepen bilateral ties and revive the Central Asia plus Japan leaders’ summits. The visit fulfilled commitments made by then-Prime Minister Kishida, who had planned a similar tour in 2024 before cancelling at the last minute due to a domestic earthquake alert. Strategic Engagement Iwaya’s visit reflects Tokyo’s long-standing, multifaceted approach to Central Asia. Analysts emphasized to The Times of Central Asia that Japan is pursuing “trust-building diplomacy” in the region, focusing on human capital, infrastructure, and governance rather than quick geopolitical wins. Tokyo inaugurated the Central Asia plus Japan Dialogue format in 2004, making it the first outside power to group all five Central Asian republics within a single framework. As Professor Timur Dadabaev of Tsukuba University told The Times of Central Asia, Tokyo is seen “not as a competing hegemon, but as a partner that invests in the region’s human capital, infrastructure, and governance in ways that reinforce independence.” This approach contrasts with what has been characterized as the transactional models of other powers. On August 25, Iwaya met with Kazakhstan’s Deputy Prime Minister and Foreign Minister Murat Nurtleu in Astana, marking his first official visit to the country. The talks underscored both sides’ commitment to strengthening ties as strategic partners and in upholding a “free and open international order based on the rule of law.” The ministers welcomed active exchanges and pledged to expand cooperation in trade, investment, mineral resources, disaster prevention, and nuclear non-proliferation. They also announced plans to accelerate preparations for the long-delayed Central Asia plus Japan summit. [caption id="attachment_35524" align="aligncenter" width="1000"] Japanese Foreign Minister Iwaya with Kazakh Foreign Minister Nurtleu in Astana after their meeting on August 25, 2025; image Japan MOFA[/caption] In Tashkent, Iwaya echoed this message, calling Uzbekistan “an important strategic partner,” and highlighting the first-ever foreign ministers’ strategic dialogue held there. Japanese officials also stressed their policy does not aim to pressure Central Asian partners on sensitive issues. Characterizing Japan as a “catalyst to promote interconnectivity and inter-regional cooperation,” Foreign Ministry spokesman Toshihiro Kitamura stated that Tokyo does not see a zero-sum “competition between Japan and other countries. We would like to see Central Asian countries work together with other parts of the world.” In Tashkent, Kitamura explicitly noted that while Japan condemns Russia’s invasion of Ukraine, it will not pressure Uzbekistan or others to take the same stance. “The relationship between Russia and the Central Asian countries is a very delicate issue. Each country should take into account the relations it establishes with other countries. Even if it is with Russia, such relations do not affect the relations of other countries with Japan,” Kitamura stated. Bilateral Agreements In Kazakhstan, Iwaya held high-level talks with President Kassym-Jomart Tokayev and Foreign Minister Nurtleu. Tokayev welcomed Japan as a “reliable and close partner in Asia” and said ties are “developing dynamically.” The sides agreed to...

Uzbekistan Jordan Relations Advance with Landmark State Visit

King Abdullah II of Jordan paid a state visit to Uzbekistan on August 25-26 at the invitation of President Shavkat Mirziyoyev. The visit, his first since the establishment of diplomatic relations, marked a milestone in bilateral ties and culminated in the signing of 15 agreements spanning politics, trade, investment, education, and culture. A Historic Visit with Symbolic and Strategic Weight Mirziyoyev welcomed King Abdullah with full ceremonial honors in Samarkand, including flag displays, a guard of honor, and performances of national songs and dances. The leaders visited prominent cultural sites, including the Shah-i-Zinda complex, Amir Temur’s mausoleum, and Registan Square, where the Jordanian monarch received an overview of Uzbekistan’s rich historical heritage. King Abdullah also visited the tomb of Qutham ibn al-ʿAbbas, a revered early Islamic preacher in Samarkand. The Jordanian delegation toured the “Eternal City” cultural park, which showcases Uzbekistan’s traditional crafts, architecture, and customs. Expanding Economic and Diplomatic Cooperation The official program commenced on August 26 at the Congress Center in Samarkand. Following the ceremonial welcome, the leaders visited an exhibition of Uzbekistan’s export-oriented products. The showcase featured a range of goods from key industries such as pharmaceuticals, chemicals, mining, textiles, agriculture, IT, and jewelry. King Abdullah praised Uzbekistan’s industrial development and called for increased business-to-business collaboration. During bilateral talks, the two sides agreed to elevate their relationship to a comprehensive partnership. Discussions focused on expanding political dialogue, boosting trade and investment, and strengthening cooperation in science, education, tourism, and culture. To formalize the partnership, the two countries agreed to establish a joint intergovernmental commission and a business council by the end of the year, and to convene an Uzbek-Jordanian business forum. They also outlined plans for cooperation in smart agriculture, geology, healthcare, and the textile industry. Broad-Based Agreements and International Alignment Fifteen agreements and memoranda were signed during the visit, including: An extradition treaty A bilateral investment promotion agreement A visa waiver agreement Cooperation protocols in higher education, scientific research, agriculture, veterinary medicine, tourism, and standardization The two leaders also reiterated their commitment to close coordination within international organizations, including the United Nations and the Organization of Islamic Cooperation. Honoring Partnership and Future Prospects In recognition of his role in strengthening bilateral ties, Mirziyoyev was awarded Jordan’s highest state honor, the Order of Al Nahda (“Renaissance”), presented personally by King Abdullah II. “I accept this award with great honor, as a recognition of our joint efforts to expand multifaceted cooperation and a sign of friendship and respect for the people of Uzbekistan, who are laying the foundations for the Third Renaissance in our country,” Mirziyoyev said. The visit concluded with a joint statement and mutual invitations for future high-level exchanges, reaffirming both countries’ shared ambition to elevate Uzbekistan-Jordan relations to a new strategic level.