Economy

Uzbekistan completed projects with the US worth $7 billion

Illustration: Tezkun / AI. Not a photograph of the event.

Uzbekistan has implemented and completed projects worth $7 billion from a portfolio of commercial agreements with the US totaling $35 billion. This was stated in an interview with The Washington Times by Minister of Investments, Industry and Trade Laziz Kudratov.

According to the Minister, about a fifth of the previously formed portfolio of agreements has been implemented. At the same time, Laziz Kudratov did not specify which specific projects were included in the implemented volume of $7 billion, and an independent public audit of this amount was not conducted.

The $35 billion economic cooperation program is designed for three years and covers energy, critical minerals, agriculture, transport, and information technology. Bilateral agreements were also signed with companies such as Boeing, Valmont Industries, Flowserve, Citigroup, and other structures.

As a result of 2025, the trade turnover between Uzbekistan and the USA exceeded $1 billion for the first time. In addition, in February 2026, the parties signed a memorandum of understanding in the field of supply, extraction, and processing of critical and rare earth minerals, which has a framework political nature without reference to specific deposits or financial obligations.

Published 29 September 2026, 08:46 · No updates · Russian original

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