Tashkent, Washington discuss implementation of bilateral agreements
Uzbekistan, Tashkent, Dec. 14 / Trend D.Azizov /
Further development of an Uzbek-American dialogue covering the progress in implementing bilateral agreements in various fields were recently discussed by the U.S. Ambassador to Uzbekistan George Krol and Uzbek Foreign Ministry, the Foreign Ministry reported on Friday.
The meeting marked the priority of implementing the agreements reached during annual political consultations, as well as the business forum with the participation of leading U.S. and Uzbek company representatives, held in Tashkent in August.
Previously, it was reported that a broad range of bilateral issues was discussed during the third round of Uzbek-US political consultations. In particular, the current state and prospects of bilateral relations in areas such as regular contact between foreign ministries, parliamentary relations and a diversified exchange at the international level and among civil society representatives in both countries
The sides also exchanged views on the development of the situation in Afghanistan and other issues of security and stability provision in Central Asia.
During the third round of the Uzbek-American political consultations, a business forum of Uzbek-U.S. business circles was held.
As a result, agreements were reached on the implementation of 21 projects totalling about $2.8 billion in sectors such as mechanical engineering, metal processing, energy, oil and gas production, electrical and mining industry, pharmaceuticals and food production supply.
The legal framework between the two countries currently consists of more than 60 intergovernmental and interagency agreements. Some 241 enterprises created with the participation of U.S. investors are registered in Uzbekistan and representatives of 64 American companies are accredited at the Uzbek Ministry of Foreign Economic Relations, Investments and Trade.
The volume of U.S. companies' accumulated direct investments exceeded two billion dollars. In 2011, bilateral trade turnover amounted to $249.9 million.