Uzbek President Shavkat Mirziyoyev and US officials announced the launch of a joint Uzbekistan–US investment platform during meetings in Washington.
Mirziyoyev travelled to the US capital at the invitation of President Donald Trump to attend the inaugural summit of the Board of Peace, the US leader’s diplomatic initiative focused on Gaza.
Uzbekistan signed the body’s founding declaration earlier this year at the World Economic Forum in Davos.
Economic cooperation between the two countries has expanded in recent years. Bilateral trade exceeded $1 billion (€850mn) last year, and almost 340 US companies operate in Uzbekistan.
A three-year Economic Cooperation Programme worth $35 billion (€29.7bn) is underway, targeting energy, critical minerals, transport, agriculture and technology.
The Investment Platform
The agreement establishing the Uzbekistan–US Investment Platform was formally exchanged at the conclusion of meetings with the leadership of the Export-Import Bank of the United States and the US International Development Finance Corporation.
Τhe mechanism is intended to provide systemic support for priority projects and to strengthen coordination between Uzbek authorities, US development financing institutions and private investors.
Under the outlined framework, Eximbank is expected to expand financing for major industrial and infrastructure projects, including support for high-technology equipment exports.
Discussions with the DFC focused on reinforcing investment cooperation mechanisms and on the corporation’s plans to participate in large national and regional projects, particularly in energy and financial market development.
The platform is designed to operate alongside the Joint Business and Investment Council, creating a structured channel for advancing projects rather than relying on case-by-case approvals.
Engagement with the Export–Import Bank of the United States and the US International Development Finance Corporation concentrated on project structuring and financing capacity.
Eximbank outlined potential expansion of support for industrial and infrastructure projects, including high-technology equipment exports.
Discussions with the DFC focused on participation in national and regional projects, particularly in energy and financial market development, reinforcing institutional coordination through the newly established investment framework.
Commerce and trade policy
In talks with US Secretary of Commerce Howard Lutnick, discussions focused on sectoral cooperation in energy, critical minerals, transport, agriculture and information technology, with emphasis on expanding project pipelines and facilitating US corporate participation.
Separately, meetings with US Trade Representative Jamieson Greer addressed measures to increase trade flows and improve regulatory alignment.
Uzbekistan sought continued support in advancing its accession to the World Trade Organization, while both sides reviewed cooperation under the Trade and Investment Framework Agreement with Central Asia.
Commercial agreements signed
As part of the business programme, Mirziyoyev attended a signing ceremony bringing together senior US officials, financial institutions and corporate executives.
Participants included US Trade Representative Jamieson Greer, Special Presidential Envoy Paolo Zampolli, Export–Import Bank President John Yovanovitch and US–Uzbekistan Chamber of Commerce Chair Carolyn Lamm, alongside executives from Traxys, Valmont Industries, Gulf Oil, Avigen Broiler Breeding Group, John Deere, BlackRock Financial Markets Advisory, Oppenheimer and other firms.
Bilateral documents signed cover the construction of a network of fuel stations, the introduction of sprinkler irrigation systems, the extraction and supply of critical minerals and the creation of a poultry production cluster.
Additional agreements address agro-industrial development, financial market expansion and measures aimed at improving the investment climate.
US development finance institutions, including the DFC and Eximbank, are expected to play a supporting role in structuring and backing several of the projects.
Regional governors from Uzbekistan participated in the event via video link, underscoring efforts to link US investors directly with subnational development initiatives.
During 2025, Uzbekistan has signed multi-billion dollar agreements with the United States after President Shavkat Mirziyoyev met with his US counterpart Donald Trump, following a private bilateral meeting in the Oval Office ahead of the “C5+1 Summit” in November.
