Uzbekistan and the United States Sign Agreements Worth $12 Billion
2026-10-19 21:15:00 / News
A package of 54 trade, investment, and technology cooperation agreements, when implemented would total $12 billion, was signed during business events held as part of the U.S. delegations visit to Uzbekistan.
The package covers a broad range of areas, including industrial modernization, transport and energy infrastructure, critical minerals, financial services, digital technologies, agriculture, healthcare and education.
In the transport sector, cooperation with GE Aerospace includes the supply of engines for Uzbekistan Airways' new aircraft, while initiatives with Wabtec focus on plans to localize the production of railway equipment and components. These initiatives are expected to strengthen Uzbekistan's manufacturing capabilities and support technological modernization.
In the financial sector, agreements involving Franklin Templeton, Oppenheimer & Co., Citigroup and BlackRock aim to facilitate access to international capital markets for Uzbek companies, attract institutional investment and support infrastructure financing.
In the mining sector, cooperation with ReElement Technologies, Traxys and Trafigura encompasses mineral exploration and development, technology partnerships and international trade in mineral resources. Particular emphasis is placed on strengthening Uzbekistan's capabilities in critical minerals.
Further initiatives with Amazon Leo, GE HealthCare and Valmont Industries focus on satellite connectivity, advanced medical technologies and improved agricultural productivity and resource efficiency.
The agreements represent a significant step forward in Uzbekistan–U.S. economic relations, combining international capital and advanced technologies with Uzbekistan's industrial potential. Their implementation is expected to create new opportunities for investment, industrial cooperation and long-term economic growth.