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US businesses seek inroads into Uzbekistan's growing market – State Department (Exclusive)

Uzbekistan Materials 14 August 2024 09:01 (UTC +04:00)
US businesses seek inroads into Uzbekistan's growing market – State Department (Exclusive)
Aydan Alasgarli
Aydan Alasgarli
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BAKU, Azerbaijan, August 14. US firms regularly contact us looking for opportunities to bring their goods to Uzbekistan’s markets, a spokesperson from the US Department of State told Trend.

"Our products likewise require review and certification for import into Uzbekistan, so expediting that process would help US agricultural and livestock products reach Uzbek consumers. The US suppliers of technologies, industrial equipment, and manufactured goods are also actively bidding on public procurement opportunities as well as working with partners in Uzbekistan," the spokesperson said.

According to the spokesperson, the US is committed to assisting Uzbekistan as it implements its announced reform agenda, including regarding economic issues. The recent economic reforms have greatly improved the investment climate, and further reforms will bring more investment and technical expertise to Uzbekistan.

"Generally speaking, we welcome and encourage multilateral efforts in support of regional connectivity in Central Asia and the South Caucasus westward to Europe. Such efforts contribute to the creation of a more secure, resilient, and prosperous region," the representative of the US Department of State emphasized.

The spokesperson from the US Department of State noted that through the US Agency for International Development’s (USAID) regional Trade Central Asia activity, the US is promoting increased trade, entrepreneurship, e-commerce, and private sector competitiveness in and among the countries of the region.

"Through the Partnership for Global Infrastructure, the US is currently evaluating potential areas for infrastructure investment where it could contribute project advisory technical assistance, project preparation, and financing to tangibly move forward strategic projects in the Trans-Caspian International Transport Route," the spokesperson added.

Earlier, Uzbekistan's Deputy Minister of Transport, Jasurbek Choriev, held a meeting with Acting Special Coordinator for the Partnership for Global Infrastructure and Investment (PGI), Helaina Matza, to discuss financing infrastructure projects aimed at developing the Trans-Caspian International Transport Route (Middle Corridor).

In particular, the parties discussed developing multimodal logistics centers and A-class warehouses in Uzbekistan's regions, increasing the capacity of some railway stations.

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