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Uzbekistan's $12bn business drive gathers pace during Rubio visit

The package covers railways, critical minerals, finance and technology, with major US firms involved. Uzbek President Mirziyoyev outlined measures to attract investors, while business executives told Euronews that commercial activity is growing.

READ MORE : http://www.euronews.com/2026/10/20/uzbekistans-12bn-business-drive-gathers-pace-during-rubio-visit

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00:01U.S. Secretary of State Marco Rubio met President Mirziyoyev in Samarkand before the second meeting of the American Uzbek
00:08Business and Investment Council.
00:10Their talks covered trade, energy, aviation, critical minerals and technology, with private sector investment a major priority.
00:18Over the last few years, over the last few days and I hope into the future we will prove how
00:23working together as governments and with the private sector across many initiatives we can make sure that all of our
00:30countries remain strong and remain independent.
00:33President Mirziyoyev also refers to the value of commercial agreements negotiated between the two countries.
00:45At the Business and Investment Council meeting that followed, Uzbekistan's Investment Ministry announced 54 agreements with American companies, covering trade,
00:55investment and technology.
00:56The projects span rail transport, energy, finance and critical minerals.
01:00The council is so chaired by Saita Mirziyoyev, head of the Presidential Administration, and U.S. Special Envoy Sergio Gore.
01:08Mining is among the sectors attracting interest from American companies looking for new opportunities in Uzbekistan.
01:14There is also tremendous opportunity for minerals and mining advancements in almost every sector.
01:22American financial institutions are also discussing ways to finance new projects.
01:38For some investors, American capital is already reaching other parts of Uzbekistan's economy.
01:44Just my firm has been involved in three transactions in the last five months regarding U.S. investors.
01:52This is across the national investment fund, banking sector, hospitality sector.
01:58There is serious U.S. investment coming in.
02:01According to Uzbekistan's presidency, bilateral trade with the United States has increased by 35% since the beginning of the
02:08year.
02:09Moving on.
02:10We will move on to

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