Trump will appoint an ambassador for investment and trade with Uzbekistan

Shavkat Mirziyoyev issued a decree on the establishment of the American-Uzbek Business and Investment Council.

During Shavkat Mirziyoyev’s visit to the US as part of the “C5+1” summit, an agreement was reached to establish an American-Uzbek Business and Investment Council, co-chaired by the head of the Presidential Administration of Uzbekistan on the Uzbek side and a representative of the US President, in consultation with the American side.

The Head of State instructed to grant the head of the Presidential Administration of Uzbekistan the authority to approve the composition of the Council, its regulations, and the procedures for its activities from the Uzbek side. In addition, it was instructed to prioritize the development of the following issues submitted for consideration by the Council:

• coordination of the development and coordination of strategic business initiatives, large investment and trade projects, as well as constant monitoring of their implementation;
• creation of a special investment fund to mobilize additional investments in Uzbekistan, with the International Finance Development Corporation (DFC) designated as anchor investors and from the Uzbek side, as well as with the involvement of major international financial institutions (Eurasian Bank for Reconstruction and Development, IMF, ADB) to finance the most important infrastructure and strategic projects and share risks;
• continuation of negotiations on the mutual reduction of tariff rates;
• systematic promotion of products and services of companies – residents of the Technological Park of Software Products and Information Technologies (IT-Park);
• submitting proposals for diversifying the country’s investment portfolio, including a portion of the Central Bank’s foreign exchange reserves and other assets.

In order to increase the effectiveness of coordinating foreign policy and state initiatives, it was instructed to introduce from January 1, 2026, an additional position of Advisor-Ambassador — Representative of the Presidential Administration of Uzbekistan in the USA to the structure of the Embassy of Uzbekistan in the USA. It has been established that:

• appointment to and dismissal from the position of Advisor-Ambassador, as well as approval of the regulations of their activities, are carried out by the Head of the Presidential Administration of Uzbekistan;
• is accountable to the head of the Presidential Administration of Uzbekistan and is responsible for supporting the activities of the head of the country’s diplomatic mission in the USA regarding the development of bilateral relations.

The Ambassador-Counselor was instructed to directly initiate and discuss the implementation of large and strategic investment and trade projects in Uzbekistan and the USA. In addition, he will carry out comprehensive coordination of the Council’s work on the Uzbek side.

To strengthen the investment and trade bloc and expand business cooperation, successfully implement the tasks and projects of the Council, as well as to assist in the work of the Advisor-Ambassador of the Ministry of Foreign Affairs of Uzbekistan, the following were obliged:

• together with the Ministry of Investments, Industry and Trade, within three weeks, submit a proposal to increase the staff of the Embassy of Uzbekistan in the USA;
• within a month, work out the issue of opening additional consulates in the territory of the USA, including employees and specialists working with key hubs of US industries to ensure geographical coverage, as well as taking into account the concentration of large diasporas of compatriots (the cities of Philadelphia, Chicago, Orlando, and Seattle).

The Ministry of Foreign Affairs, together with interested ministries and agencies, instructed to submit proposals for amendments and additions to the legislation arising from the Decree within one month. Control over the execution of the Decree was entrusted to the Head of the Presidential Administration of Uzbekistan, Saida Mirziyoyeva.

Recall that Trump announced an “unprecedented trade and economic agreement” between the US and Uzbekistan. Over the next ten years, the Uzbek side plans to invest more than $100 billion in key American sectors.