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