00:01U.S. Secretary of State Marko 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 referred 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 project's span, rail, transport, energy, finance and critical minerals.
01:00The Council is so chaired by Saeed 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's 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 a national investment fund, a banking sector, a hospitality sector, a 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.