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The American-Uzbekistan Chamber of Commerce (AUCC) seeks to promote trade and investment ties, cultural exchanges and bonds of friendship between the United States of America and the Republic of Uzbekistan. In performing these functions, the AUCC places primary emphasis on serving the needs and interests of its members.

Interview with AUCC Chairperson Carolyn Lamm Before 2012 Uzbekistan-US Annual Business Forum

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The U.S.-Central Asian Economic Partnership Discussion: A New Historic Chapter

www.aucconline.com/
1 November 2019
The U.S.-Central Asian Economic Partnership Discussion: A New Historic Chapter

On October 22, a new chapter was added to the history books when six heads of Central Asian Trade Delegations, including Afghanistan, spoke as one voice about commercial opportunities in the region before the large U.S. business community.

 

 

 

The U.S.-Central Asian Economic Partnership discussion, moderated by Assistant U.S. Trade Representative for South and Central Asia, Christopher Wilson, featured H.E. Ajmal Ahmady, Minister of Industry and Commerce, and Senior Adviser to the President on Finance and Banking of the Republic of Afghanistan, H.E. Kairat Torebayev, Vice Minister of Trade and Integration of the Republic of Kazakhstan, H.E. Sultan Akhmatov, Deputy Minister of Economy of the Kyrgyz Republic, H.E. Zavkizoda Zavki Amin, 1st Deputy Minister of Economic Development and Trade of the Republic of Tajikistan, H.E. Orazmyrat Gurbannazarov, Minister of Trade and Foreign Economic Relations of the Republic of Turkmenistan and Laziz Kudratov, 1st Deputy Minister of Investments and Foreign Trade of the Republic of Uzbekistan.  The focus of the discussion was on the collaboration amongst the countries and how to create a sizeable and attractive international market for American companies and address top trade and investment-related priorities in the region's dialogue with the U.S.

In recent years, Central Asia has undergone a series of positive economic transformations, thus, drawing the attention of American companies willing to consider a new marketplace for their business endeavors outside the homeland.  Relatively young in population with the stable GDP growth, reasonable cost of living along and the evolving infrastructure, today's Central Asia is one of the fastest growing business hubs with the immense human and natural resource potential.  Calling for a more dynamic U.S. engagement, the heads of Central Asian trade delegations emphasized the strong nature of their ongoing regional cooperation and what needs to be done to balance the strategic aspect of U.S.-Central Asian cooperation with a more significant focus on economic cooperation and opportunities.  The forum participants were encouraged by the region's commitment to introducing further business improvements and market liberalization reforms that can help attract more companies and investors from the U.S. The emergence of a strong and highly competitive regional group is an important addition to the global marketplace that provides a new platform for American companies to innovate, modernize, and develop.

The unprecedented U.S.-Central Asian Economic Partnership discussion demonstrated the important changes in the region, offered prospects for better opportunities, and demonstrated the unique approach to speaking with the American business audience as a collective voice.  It was a logical continuation of the first regional collaboration launched by a coalition of six Central Asian Ambassadors, when they spoke before the business community on March 29, 2019 in Washington, D.C.

The event organizers would like to express deep gratitude to the Central Asian Ambassadors and their staff for bringing the high-level officials to the discussion, namely: H.E. Afghan Ambassador Roya Rahmani, H.E. Kazakh Ambassador Erzhan Kazykhanov, H.E. Kyrgyz Ambassador Bolot Otunbaev, H.E. Tajik Ambassador Farhod Salim, H.E. Turkmen Ambassador Meret Orazov, and H.E. Uzbek Ambassador Javlon Vakhabov.

Photos by the American-Uzbekistan Chamber of Commerce