Joint statement of the Governments of the Republic of Uzbekistan and the United States of America on further deepening of cooperation within investment and infrastructure development

08.07.2020 13:43

The Government of the Republic of Uzbekistan was happy to welcome Adam Boiler, Chief Executive Officer of the United States International Development Finance Corporation (DFC), and Zalmay Khalilzad U.S. Special Representative for Reconciliation in Afghanistan, in Uzbekistan on June 29 - July 1, 2020.

Negotiations between the USA and Uzbekistan focused on further cooperation in infrastructure development and other investments to support economic growth and stability.

DFC Chief Executive Officer Adam Boiler and Deputy Prime Minister of for Investment and Foreign Economic Relations Sardor Umurzakov, stated the following after the visit:

We had fruitful discussion on how investing in the region could create sustainable economic growth and opportunities for the people of Uzbekistan. Besides, long-term growth enables strengthening of regional stability and prosperity.

Since Uzbekistan continues to make significant progress, the DFC can work with the private sector to accelerate investment in the country.

The parties reaffirmed their desire to deepen the New Era of Strategic Partnership guided by the Joint Statement made by the Presidents of the two countries following the visit of the President of the Republic of Uzbekistan Shavkat Mirziyoyev to the United States in May 2018.

In the aftermath of intensified dialogue between our Governments, the United States and Uzbekistan are getting over the new stage of interstate cooperation.

The parties emphasized the relevance of cooperation to further develop mutually beneficial investments, innovative and technological cooperation between the two countries.

The parties confirmed their interest in special programs supporting private entrepreneurship focused on creation of new jobs, provision of access to infrastructure, education and healthcare to population, as well as promotion of wide adoption of alternative energy.

The parties agreed on regular cooperation to identify and implement strategic infrastructure projects in Uzbekistan within energy, transport, education and health care based on public-private partnership principles involving the DFC funds.

Besides, both sides reaffirmed the importance of investing in the empowerment of women in order to promote the full and free participation of women in the economy. By gaining economic opportunities, women reinvest their profits in their families and communities, contributing to the growth of well-being of society.

The DFC welcomed Uzbekistan’s intention and interest to become part of the Blue Dot Network initiative designed to stimulate long-term foreign investment in projects that meet international development standards, including openness, transparency and financial stability.

The parties reaffirmed their mutual desire to maintain peace and stability, as well as efforts to economically recover Afghanistan by expanding trade, economic, transport and energy ties between Afghanistan and Central Asia.

The parties emphasized the importance of joining efforts to implement important infrastructure projects in the Central Asian region that ensure long-term economic sustainability, food and environmental security.

They also agreed to have further discussions on the establishment of a Regional Fund with the countries of Central Asia, as well as Afghanistan, Pakistan and India. The United States will review the relevance of the capital declared by each country to the goals of supporting private sector investment.

Both countries expressed confidence that the visit will contribute to the mutually beneficial trade, economic, investment, financial and technical partnership between the Republic of Uzbekistan and the United States of America.

 

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