Uzbekistan-US economic cooperation prospects discussed in Washington

TASHKENT (TCA) — Washington D.C. hosted a briefing for representatives of the American business community, which was attended by representatives of companies, NGOs and media, as well as staff of the U.S. Department of Commerce, the World Bank and the Asian Development Bank, the Jahon information agency reported on March 18.

Ambassador of Uzbekistan to the United States Javlon Vakhabov, Chairperson of the American–Uzbekistan Chamber of Commerce Carolyn Lamm, as well as renowned experts Frederick Starr, Svante Cornell and Mamuka Tsereteli addressed event.

According to the Uzbek Foreign Ministry, the participants discussed the latest achievements of Uzbekistan’s economy. Dr. Frederick Starr presented information about political reforms in Uzbekistan, the process of formation of public control mechanisms in the country through the media and public receptions network, as well as strengthening the role of parliament and political parties in the country.

Dr. Svante Cornell informed about how reforms in Uzbekistan became a catalyst of transformation in the entire region, emphasizing the importance of the initiatives of Tashkent which contributed to strengthening friendship and mutual understanding in Central Asia.

Dr. Mamuka Tsereteli’s presentation on reforms in Uzbekistan’s economic sector aroused particular interest among U.S. business people. The expert consulted U.S. companies on the opportunities created for foreign investors in the country.

Following the briefing, an agreement was reached with the Chairperson of the American–Uzbekistan Chamber of Commerce Carolyn Lamm on holding an Uzbekistan–American business forum in October this year in Washington D.C., with participation of leading U.S. companies in agriculture, energy, infrastructure development, high technologies, medicine, transport and others.

Continuation of the practice of organizing briefings in the United States on reforms and transformations in Uzbekistan was discussed with Dr. Frederick Starr. One of the events is planned to be held on Capitol Hill for members of the U.S. Congress.

The issue of organizing a trade mission of U.S. companies to Uzbekistan in June was discussed with representatives of the U.S. Department of Commerce. U.S. companies’ representatives stated that they intend to expand their presence in Uzbekistan’s market, and representatives of leading international banks are ready to support these aspirations.

Sergey Kwan

TCA

Sergey Kwan has worked for The Times of Central Asia as a journalist, translator and editor since its foundation in March 1999. Prior to this, from 1996-1997, he worked as a translator at The Kyrgyzstan Chronicle, and from 1997-1999, as a translator at The Central Asian Post.
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Kwan studied at the Bishkek Polytechnic Institute from 1990-1994, before completing his training in print journalism in Denmark.

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