Uzbekistan deepens ties with the US as Mirziyoyev pushes for higher exports and investment

At an extended meeting on 26 September, Mirziyoyev reviewed progress on investment inflows and export performance. According to preliminary data, foreign investment in the economy has reached $33.5 billion over the first nine months of the year, while exports between January and August rose by more than 30 percent to exceed $23 billion.

Despite the overall growth, the president noted uneven results across the country, with some regions even showing declines. He instructed officials to ensure exports of at least $7.3 billion by year-end and to intensify efforts to attract investors and expand market access.

As part of broader economic diplomacy, Mirziyoyev announced that each region of Uzbekistan will establish direct partnerships with specific US states to encourage stronger ties between local and American businesses. The initiative follows the recent opening of a trade house for Andijan textiles in St. Louis, Missouri, where regional governor Shukhratbek Abdurakhmanov and ITF Group founder Saidazim Burkhankhodjaev discussed opportunities for expanding transport services and exports.

The push for closer economic cooperation comes following Mirziyoyev’s recent visit to the United States. During the trip, companies including Boeing, Cargill, and Citigroup signed more than 10 agreements with Uzbekistan. Boeing committed to supplying 14 Dreamliner aircraft to Uzbekistan Airways, while Citigroup pledged to assist in improving the country’s credit rating. The overall value of the contracts and joint projects is estimated at $100 billion.