Uzbekistan and US Discuss Expanding Economic Cooperation and Implementing 78 Projects
Economy
Uzbekistan’s Minister of Investment, Industry and Trade Laziz Kudratov visited Washington on 10–11 November, taking part in the Business 20 (B20) Summit and holding talks with US officials. Discussions focused on expanding trade, economic and investment cooperation and advancing joint projects.
On the sidelines of the summit, Kudratov met US Secretary of Commerce Howard Lutnick, Special Assistant to the US President Michael Jeremiah, and Michael DiMino, the Pentagon’s curator of defence policy for the Middle East and Central Asia.
The meetings reviewed the current state of bilateral relations and opportunities to further increase trade and investment. The sides noted positive momentum in mutual trade. In 2025, trade turnover exceeded $1 billion for the first time. From January to September 2026, it reached $905 million, up 20 percent compared with the same period a year earlier.
The implementation of the Cooperation Programme was also discussed. Under the programme, Uzbekistan and the United States are carrying out 78 joint projects with a combined value of $35 billion. The initiatives form a significant part of the countries’ economic agenda and provide a framework for practical engagement between their business communities.
In addition to meetings with US government representatives, Kudratov held talks in Washington with executives of KBR and Plug Power, representatives of the US International Development Finance Corporation (DFC), and other major American companies.
The discussions covered the progress of ongoing projects and opportunities to advance new joint initiatives. The meetings aimed to maintain business contacts and expand US companies’ participation in Uzbekistan’s investment and industrial projects.
Kudratov’s working visit provided an opportunity to discuss practical areas of economic cooperation. Rising trade and a portfolio of 78 projects illustrate the scale of current engagement, while talks with US public institutions and companies focused on taking the partnership further. The visit helped sustain direct contacts with the U.S. agencies and key business representatives.
The meetings reviewed the current state of bilateral relations and opportunities to further increase trade and investment. The sides noted positive momentum in mutual trade. In 2025, trade turnover exceeded $1 billion for the first time. From January to September 2026, it reached $905 million, up 20 percent compared with the same period a year earlier.
The implementation of the Cooperation Programme was also discussed. Under the programme, Uzbekistan and the United States are carrying out 78 joint projects with a combined value of $35 billion. The initiatives form a significant part of the countries’ economic agenda and provide a framework for practical engagement between their business communities.
In addition to meetings with US government representatives, Kudratov held talks in Washington with executives of KBR and Plug Power, representatives of the US International Development Finance Corporation (DFC), and other major American companies.
The discussions covered the progress of ongoing projects and opportunities to advance new joint initiatives. The meetings aimed to maintain business contacts and expand US companies’ participation in Uzbekistan’s investment and industrial projects.
Kudratov’s working visit provided an opportunity to discuss practical areas of economic cooperation. Rising trade and a portfolio of 78 projects illustrate the scale of current engagement, while talks with US public institutions and companies focused on taking the partnership further. The visit helped sustain direct contacts with the U.S. agencies and key business representatives.
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