UNIPATH STAFF
Uzbekistan is pursuing stronger economic and political relations with the United States in its push to play a greater role in the security of Central Asia.
U.S. businesses want to increase investments in Uzbekistan. Both countries recently signed an agreement to simplify and speed up bilateral investment agreements to allow U.S. companies and financial institutions to participate in economic projects in Uzbekistan.
In October 2022, a delegation of Uzbekneftegaz, Uzbekistan’s state-owned oil and gas company, met with representatives of major American companies such as Honeywell, Schlumberger and DeGolyer and MacNaughton during a visit to the U.S.
U.S. investments in Uzbekistan have doubled in recent years, making the U.S. Uzbekistan’s 16th-largest trade partner. Both countries are interested in increasing bilateral trade. The U.S. has been a strong proponent of Uzbekistan’s accession to the World Trade Organization since 2018.
On the political front, Uzbekistan is pursuing an agreement with the Bush School of Government and Public Service at the University of Texas to train Uzbek civil servants.
Uzbek leaders believe that such a partnership will assist in improving the quality of public administration in their country.