In particular, talks were held with US Assistant Secretary of State for South and Central Asian Affairs Donald Lu, US Deputy Secretary of Commerce Alan Esteves, US Deputy Trade Representative Sarah Bianchi, Chairman of the Uzbek-American Chamber of Commerce Carolyn Lemm and other officials.
Thus, issues of further expansion and strengthening of the strategic partnership between Uzbekistan and the United States were discussed with Assistant Secretary of State Donald Lu. The American side welcomed the large-scale reforms carried out in Uzbekistan and expressed readiness for further development of cooperation, bearing in mind the implementation of large-scale projects.
The current state of trade and investment cooperation was also discussed during the dialogue. Highly appreciating the potential for the development of relations in this area, the parties agreed to develop cooperation within the framework of accelerating the process of Uzbekistan's accession to the World Trade Organization (WTO).
During the conversation with US Deputy Secretary of Commerce, Head of the Bureau of Industry and Security Alan Esteves, prospects for expanding the nomenclature and increasing the volume of mutual trade were discussed. The American side highly appreciated Uzbekistan's efforts to improve the efficiency of foreign trade processes. The importance of forming a joint working group, organizing training courses to improve the skills of representatives of ministries, departments, commercial banks of Uzbekistan in order to expand effective cooperation and ensure the growth of trade turnover was noted.
At the meeting with US Deputy Trade Representative Sarah Bianchi, the parties focused on strengthening the investment attractiveness of Uzbekistan, removing trade barriers and further simplifying trade operations. The successful activity of US companies implementing joint investment projects in Uzbekistan in the field of energy, mechanical engineering, textile industry, agriculture, pharmaceuticals and other spheres was noted.
An agreement was reached to hold a number of additional meetings and negotiations in order to determine further practical steps to expand mutual trade and economic cooperation.
During the visit, a round table was organized with the participation of members of the American-Uzbek Chamber of Commerce, heads of large American businesses.
The participants of the event in the format of presentations were provided with information about the work carried out in our country to improve the investment climate, the benefits and preferences created, the improvement of legislation in order to protect the rights of investors, as well as the expansion of privatization processes and the reduction of the state's share in the economy.
Representatives of the US business community, highly appreciating the effectiveness of reforms in Uzbekistan, drew attention to the importance of increasing direct interaction between large companies of the two countries in a number of areas in order to implement joint technological projects.
Following the visit, the parties confirmed their commitment to further strengthening the strategic partnership, the desire to expand investment cooperation and mutual trade, the press service of the MIPT reports.
