Delegation of Uzbekistan to hold negotiations with White House officials in Washington

On July 16-23, a delegation of Uzbekistan led by Foreign Minister Abdulaziz Kamilov will take part in a number of events and meetings in the United States aimed at developing bilateral trade-economic, financial and investment relations, the MFA press service reports.

The delegation includes heads of the Ministry of Investment and Foreign Trade and the Capital Market Development Agency of Uzbekistan, more than 20 leading specialists of JSC Uzbektelecom, OJSCB Uzsanoatqurilishbank, JSCB Infinbank, RSE Toshkent, JSC Uzavtosanoat, SE Central depositary, JSC Uzkimyosanoat, JSCB Asaka, JSC UZEX, as well as large private joint-stock companies of the republic.

According to the Embassy of Uzbekistan in Washington, the purpose of the visit to the United States is to negotiate with the leadership of several ministries and departments of the US administration, the World Bank group, to establish contacts with large corporations and companies, hedge funds, investment banks and international financial institutions, to discuss with them the prospects for participation of American business in the programs of privatization and modernization of state enterprises in the republic.

In Washington, the republican delegation will hold a presentation of the investment potential of Uzbekistan for members of the administration and the US Congress, experts from leading analytical centers, as well as representatives of American financial corporations, consulting and law firms.

Participation of the Uzbek delegation in the panel discussion “Promoting stability and economic development through religious freedom”, held at the site of the International Union of Bilateral Chambers of Commerce and Industry, is also planned. During the event, issues of ensuring religious freedom as one of the most important factors in increasing the trade-investment attractiveness of the country will be discussed.

An investment forum “Capital market opportunities of Uzbekistan” is planned in New York, which will allow forging close partnerships with investors, leading stock exchanges and US regulators, and reaching agreements with them on specific bilateral projects. Representatives of American companies and firms from among strategic, institutional and portfolio investors are expected to attend this event.

The delegation of Uzbekistan will also hold a number of bilateral meetings, including negotiations with officials of the White House, the State Department, the Treasury and the USAID. The program of the stay in Washington includes negotiations with the leadership of the Financial Regulatory Services Division, the US Securities and Exchange Commission, as well as representatives of the management team of the World Bank Group and experts of the International Finance Corporation.

Negotiations will be held in New York with the management of the New York Stock Exchange (NYSE) and the NASDAQ Stock Market, which is specialized in shares of high-tech companies. Representatives of Uzbekistan will take part in the opening ceremony of exchange trading at the NYSE.

A number of documents are expected to be signed during the visit.