A package of 54 trade, investment and technology cooperation agreements was signed in Samarkand on October 19 during business events held as part of the U.S. delegation's visit to Uzbekistan.
The agreements would total $12bn upon implementation. The documents cover industrial modernization, transport and energy infrastructure, the development of critical minerals, finance, digital technologies, agriculture, healthcare and education.
An agreement was reached with GE Aerospace on the supply of engines for Uzbekistan Airways aircraft. Cooperation with Wabtec covers the localization of railway equipment and components. Agreements with Franklin Templeton, Oppenheimer & Co., Citigroup and BlackRock are aimed at attracting capital and expanding Uzbek companies' access to international financial markets.
The agreements also envisage cooperation in the mining sector with ReElement Technologies, Traxys and Trafigura. Initiatives involving Amazon Leo, GE HealthCare and Valmont Industries cover satellite communications, medical technologies and agriculture.
Earlier Daryo reported that Google announced plans to introduce Google Pay in Uzbekistan on October 19 at the C5+1 Digital Technologies session in Samarkand, following legislative amendments that facilitated negotiations and technical integration with Google and Apple, while the Central Bank is working to enable Visa, Mastercard, Humo and Uzcard cards to be used through international payment services.