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Uzbekistan, US consider issues of economic interaction

Central Asia Materials 16 December 2017 09:47 (UTC +04:00)

Baku, Azerbaijan, Dec. 16

By Nigar Guliyeva - Trend

Uzbek Foreign Minister Abdulaziz Kamilov and US to Tashkent Pamela Leora Spratlen held a meeting on Dec.15, the foreign ministry reported.

The sides exchanged views on the results of Uzbek-American cooperation in 2017 and discussed prospects for further development of bilateral cooperation in 2018.

In particular, the sides discussed issues of cooperation between Uzbekistan and the United States in the political, trade-economic, investment, cultural, humanitarian and other spheres.

The volume of mutual trade between Uzbekistan and the United States by late 2016 amounted to $453.8 million, which is 70 percent more than in 2015.

In 2016, 164 enterprises with participation of American companies operated in Uzbekistan, including 122 joint ventures and 42 enterprises with 100% foreign capital.

In August 1994, the US Congress granted Uzbekistan the status of beneficiary of the Generalized System of Preferences (GSP).

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