• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00198 -0%
  • TJS/USD = 0.10903 0.18%
  • UZS/USD = 0.00008 -0%
  • TMT/USD = 0.28490 -0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00198 -0%
  • TJS/USD = 0.10903 0.18%
  • UZS/USD = 0.00008 -0%
  • TMT/USD = 0.28490 -0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00198 -0%
  • TJS/USD = 0.10903 0.18%
  • UZS/USD = 0.00008 -0%
  • TMT/USD = 0.28490 -0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00198 -0%
  • TJS/USD = 0.10903 0.18%
  • UZS/USD = 0.00008 -0%
  • TMT/USD = 0.28490 -0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00198 -0%
  • TJS/USD = 0.10903 0.18%
  • UZS/USD = 0.00008 -0%
  • TMT/USD = 0.28490 -0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00198 -0%
  • TJS/USD = 0.10903 0.18%
  • UZS/USD = 0.00008 -0%
  • TMT/USD = 0.28490 -0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00198 -0%
  • TJS/USD = 0.10903 0.18%
  • UZS/USD = 0.00008 -0%
  • TMT/USD = 0.28490 -0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00198 -0%
  • TJS/USD = 0.10903 0.18%
  • UZS/USD = 0.00008 -0%
  • TMT/USD = 0.28490 -0.28%
05 December 2025

Viewing results 1 - 6 of 9

New York Mayor Eric Adams Discusses Expanding Economic Ties During Visit to Uzbekistan

A delegation led by New York City Mayor Eric Adams met with the Chamber of Commerce and Industry of Uzbekistan on 19 November to explore new avenues for economic and business cooperation. The session brought together Adviser to the Chairman Umid Safarov, prominent Uzbek entrepreneurs and businessassociation representatives. Discussions focused on strengthening trade and investment links between Uzbekistan and New York. Safarov proposed collaboration with the New York Stock Exchange to help prepare Uzbek companies for U.S. capitalmarket access, creating business schools and accelerator programmes in partnership with leading American universities, and opening a joint vocationaltraining college in Tashkent. Kamolat Mirzaaliyeva, head of Uzbekistan’s Small Business Association, sought support in building ties between Uzbek and New York smallbusiness networks and expanding exports of Uzbek products to the U.S. market. Other entrepreneurs at the meeting raised proposals to increase agricultural exports, develop biochemical production and support innovative projects. Officials described the talks as constructive and expect them to lift bilateral business cooperation to a new level. Mayor Adams also met with Tashkent Mayor Shavkat Umurzoqov. The two agreed to begin drafting a partnership agreement between New York and Tashkent to cover longterm cooperation in urban development, culture, innovation and economic projects. The visit comes amid renewed interest in the U.S.-Uzbekistan economic corridor and at a time when Adams’ international engagements are under scrutiny.

Uzbekistan and U.S. to Create Joint Business and Investment Council

Uzbekistan has announced the establishment of the Uzbekistan-U.S. Business and Investment Council, a new institutional platform aimed at deepening trade, investment, and commercial cooperation between the two countries. The initiative was formalized by a presidential decree signed by President Shavkat Mirziyoyev on November 12. The council will be jointly chaired by the Head of the Presidential Administration of Uzbekistan and a representative appointed by the President of the United States. It follows agreements reached during President Mirziyoyev’s official visit to Washington from November 4–6, held within the framework of the “C5+1” summit. The council’s primary objective is to coordinate the development and implementation of strategic business initiatives and major investment and trade projects, while ensuring continuous monitoring of their progress. It will also work to attract new foreign investment through the creation of a dedicated investment fund, with participation expected from institutions including the U.S. International Development Finance Corporation (DFC), the European Bank for Reconstruction and Development (EBRD), and the Asian Development Bank (ADB). Uzbekistan will also expand cooperation in the IT sector by promoting the products and services of companies based in its national IT Park. Broader plans include diversifying the country’s investment portfolio and foreign currency reserves. To further strengthen diplomatic and economic engagement, a new position titled Adviser-Envoy of the Presidential Administration in the United States will be established at Uzbekistan’s Embassy in Washington beginning January 1, 2026. The envoy will oversee strategic investment initiatives and coordinate the work of the Business and Investment Council. The Foreign Ministry has also been instructed to expand Uzbekistan’s diplomatic presence across the United States, with preparations underway to open new consulates in Philadelphia, Chicago, Orlando, and Seattle, cities with significant Uzbek diaspora communities. Oversight of the council’s operations and implementation of the decree will be led by Saida Mirziyoyeva, Head of the Presidential Administration, who will serve as the Uzbek co-chair of the new council. The initiative forms part of Uzbekistan’s broader strategy to deepen cooperation with the United States, expand economic engagement, and build stronger institutional ties ahead of the planned visa-free regime for U.S. citizens in 2026. Uzbekistan currently maintains an embassy in Washington and a Consulate General in New York. As previously reported by The Times of Central Asia, Uzbekistan will introduce a visa-free regime for U.S. citizens starting January 1, 2026, allowing stays of up to 30 days. The change is intended to broaden engagement between the two countries.

From Washington to Samarkand: Mirziyoyev Proposes Hosting Next C5+1 Summit

Uzbekistan's President Shavkat Mirziyoyev has been participating in the U.S.-Central Asia Summit in Washington, D.C., this week. Mirziyoyev was received at Andrews Air Force Base by U.S. Deputy Secretary of State Christopher Landau, American-Uzbek Chamber of Commerce Chairperson Carolyn Lamm, and other officials. The visit included high-level bilateral meetings and participation in the C5+1 summit alongside Central Asian leaders. On November 5, Mirziyoyev met with U.S. Representatives Bill Huizenga, Carol Miller, and Sydney Kamlager-Dove. The two sides discussed strengthening the strategic partnership and expanding interparliamentary cooperation. The Uzbek delegation highlighted the active role of the Congressional Caucus on Uzbekistan, which organizes annual “Uzbekistan Days” in the U.S. House of Representatives. That same day, the Mirziyoyev also met Senator Steve Daines, co-chair of the Central Asia Caucus in the U.S. Senate. According to the Uzbek presidential press service, both sides noted the “unprecedented level” of bilateral cooperation, including a surge in trade and joint projects involving American companies. They emphasized the importance of congressional support in implementing recently signed agreements, many of which have reached record volumes. The two sides also agreed to organize a business delegation from Montana to Uzbekistan. [caption id="attachment_38893" align="aligncenter" width="300"] @president.uz[/caption] On November 6, Mirziyoyev held a series of business-focused meetings. He met with John Jovanovic, head of the U.S. Export-Import Bank (Eximbank), to discuss financing major projects in energy, critical minerals, transport, agriculture, IT, and other sectors. Special attention was given to Eximbank’s potential role in modernizing Uzbekistan’s aircraft fleet and supplying Boeing aircraft. Both parties agreed to develop a long-term cooperation plan. Later that day, Mirziyoyev met with Ben Black, CEO of the U.S. International Development Finance Corporation (DFC), which mobilizes private capital for global development initiatives. According to the Uzbek side, discussions focused on energy, critical minerals, finance, transport, agriculture, and IT. The two sides agreed to accelerate the creation of a joint investment platform to support priority projects and small businesses. Uzbekistan also proposed opening a DFC regional office in Tashkent. Mirziyoyev also held talks with Shilpan Amin, global executive director of General Motors International. The discussion centered on long-term cooperation in the automotive sector. Over the past five years, GM has produced 1.6 million vehicles in Uzbekistan, which has become Chevrolet’s second-largest market after the United States and now leads sales in Central Asia and the CIS. Mirziyoyev then met with U.S. Secretary of Commerce Howard Lutnick. They discussed trade, investment, and joint economic projects. According to the Uzbek presidential press service, bilateral trade turnover has quadrupled in recent years, nearing $1 billion. Over 300 American companies are now operating in Uzbekistan. The sides noted expanding cooperation in agriculture, including contracts for soybean and cotton supplies and the introduction of U.S. drip irrigation technologies. At the conclusion of his business program, Mirziyoyev met with representatives of leading American companies, investment funds, and financial institutions. He emphasized that trade turnover with the United States had increased fourfold in eight years and outlined priority cooperation areas, including energy, critical minerals, transport infrastructure, and...