“Over the next three years, Uzbekistan will be purchasing and investing almost $35 billion, and, in the next 10 years, over $100 billion, in key American sectors, including critical minerals, aviation, automotive parts, infrastructure, agriculture, energy & chemicals, information technology, and others,” Trump wrote on Truth Social.
The Governments of Uzbekistan and the United States have worked toward advancing comprehensive economic, security, and people-to-people cooperation to the benefit of the economic stability and prosperity of both countries.
Both sides agreed for up to $400 million for investment in the United States and Uzbekistan to strengthen US companies’ critical minerals and rare earths supply chains.
Uzbekistan committed to purchase small modular reactors from US energy companies.
Uzbekistan committed to import $2 billion worth US agricultural machinery and up to two million tonnes of US soybeans and 100,000 tonnes of US cotton over the next three years, a factsheet from the US Department of State said.
US firm Air Products and Chemicals will invest up to $3 billion on a methanol production facility in Uzbekistan.
Uzbekistan will accelerate support for a domestic methanol-to-olefin facility, coal-to-chemicals and other initiatives in its territory.
ALCHEMPro News Desk (DS)
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