U.S. Strengthens Ties with Kazakhstan and Uzbekistan in Major Trade Deals
Central Asian nations Kazakhstan and Uzbekistan have strengthened ties with the United States, signing significant trade agreements and cooperation protocols during the 80th United Nations General Assembly in New York. The deals span various sectors, including transportation, mining, healthcare, and artificial intelligence.
Kazakhstan marked the occasion by announcing the establishment of a Ministry of Artificial Intelligence and Digital Development. This new department will focus on emerging technologies, reflecting the country's commitment to innovation and digital progress.
The agreements between the U.S. and Uzbekistan are extensive. They cover transportation, mining, healthcare, finance, energy, artificial intelligence, and biotechnology. These long-term protocols aim to foster deeper collaboration and investment in these sectors.
Wabtec, an American company, has significantly invested in Kazakhstan. Since 2009, it has poured $230 million into the country, resulting in the domestic production of over 600 locomotives with a localization rate of up to 45%. This investment has contributed to Kazakhstan's economic growth and job creation.
Uzbekistan, meanwhile, has concluded a substantial aircraft procurement deal with Boeing. Worth $8.5 billion, the agreement includes the purchase of 22 Boeing 787 Dreamliners. This deal is expected to create over 35,000 U.S. jobs and stimulate wider investment cycles, boosting tourism and expanding trade capacity. U.S.-Uzbekistan trade has already increased fourfold over the past eight years, with more than 300 American firms operating in the country.
These agreements demonstrate the growing economic partnership between the U.S. and Central Asian nations. Kazakhstan's new ministry signals its intent to embrace digital transformation, while Uzbekistan's wide-ranging deals with the U.S. showcase its commitment to diversifying its economy. These collaborations are set to create jobs, stimulate investment, and strengthen trade ties between the nations.