BAKU, Azerbaijan, June 9. Uzbekistan’s Minister
of Investment, Industry and Trade Laziz Kudratov met with U.S.
Assistant Secretary of Commerce David Fogel to discuss expanding
bilateral trade, investment and industrial cooperation, Trend reports via the
ministry.
During the meeting, the two sides reviewed the current state of
economic relations and explored opportunities to deepen
collaboration across a range of sectors. It was noted that the
United States remains one of Uzbekistan’s key economic partners,
with bilateral trade surpassing $1 billion in 2025.
Discussions focused on the implementation of joint investment
projects and strengthening cooperation in energy, mining,
transportation, agriculture, finance and digital technologies. The
sides also exchanged views on expanding partnerships in innovation,
artificial intelligence and telecommunications, while exploring
ways to support private-sector initiatives and boost
business-to-business engagement.
Both sides highlighted the growing potential for economic
cooperation as Uzbekistan continues its market-oriented reforms and
efforts to attract foreign investment.
At the conclusion of the talks, Kudratov and Fogel reaffirmed
their commitment to advancing the U.S.-Uzbekistan strategic
partnership and pursuing new joint initiatives aimed at
strengthening economic ties between the two countries.
