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Joint statement by the governments of Uzbekistan and the USA on further deepening cooperation in the field of investment and infrastructure development

www.uzdaily.com/en
8 July 2020

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

Discussions between the US and Uzbekistan focused on further cooperation in infrastructure development and other investments in support of economic growth and stability.

DFC Chief Executive Officer Adam Boehler and Deputy Prime Minister for Investment and Foreign Economic Relations Sardor Umurzakov, following the results of the visit, adopted the following statement:

Productive discussions were held on how investing in the region could create sustainable economic growth and opportunities for the people of Uzbekistan. In addition, long-term growth helps strengthen regional stability and prosperity.

As 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 adopted 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.

As a result of intensified dialogue between our governments, the United States and Uzbekistan are experiencing a new stage in interstate cooperation.

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

The parties confirmed their interest in implementing special programs to support private entrepreneurship aimed at creating new jobs, providing the public with access to infrastructure, education and healthcare, as well as promoting the widespread introduction of alternative energy.

The parties agreed on regular cooperation in order to identify and implement strategic infrastructure projects in Uzbekistan in the field of energy, transport, education and health on the principles of public-private partnership with the involvement of DFC funds.

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

DFC welcomed Uzbekistan’s intention and interest to become part of the Blue Dot Network initiative, designed to stimulate the flow of 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 for economic recovery in 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.

The sides also agreed to conduct 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 examine the relevance of the capital declared by each country to the objectives of supporting private sector investment.

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