» AUCC INTRO

The American-Uzbekistan Chamber of Commerce (AUCC) seeks to promote trade and investment ties, cultural exchanges and bonds of friendship between the United States of America and the Republic of Uzbekistan. In performing these functions, the AUCC places primary emphasis on serving the needs and interests of its members.

Interview with AUCC Chairperson Carolyn Lamm Before 2012 Uzbekistan-US Annual Business Forum

Get Flash to see this player.

» AUCC events

» Contact us

NEWS

CAREC Countries Move a Step Closer to Regional Energy Market After Historic Ministers' Meeting in Uzbekistan

www.adb.org/
20 September 2019

TASHKENT, UZBEKISTAN (20 September 2019) - Nine countries in Central and West Asia today signed a historic declaration that will accelerate cross-border cooperation on energy issues and move the region a step closer to the creation of a regional energy market.

Energy ministers and leaders from Afghanistan, Azerbaijan, Georgia, Kazakhstan, the Kyrgyz Republic, Mongolia, Pakistan, Tajikistan, and Uzbekistan signed the 10-point declaration at the end of the Central Asia Regional Economic Cooperation (CAREC) Energy Ministers' Dialogue held in Tashkent.

The meeting marks the first time energy ministers from Central and West Asia have come together to discuss common regional energy challenges. Uzbekistan's Minister for Energy, Mr. Alisher Sultanov, opened the meeting on behalf of the Prime Minister of Uzbekistan Mr. Abdulla Aripov. The opening address was delivered by Asian Development Bank (ADB) Vice-President for Private Sector Operations and Public-Private Partnerships Mr. Diwakar Gupta. The energy minister from Turkey, Mr. Fatih Dönmez, attended the meeting as an observer.

The declaration sets the region on a faster reform path toward more liberal energy markets with greater private sector participation and investment, increased power connections and exchanges between countries, and a strong commitment to tap renewable energy sources and clean technologies. The group also endorsed a new CAREC Energy Strategy for the next 10 years that will provide the roadmap to reach the region's goal of a secure energy future.

Read more here