USA ready to increase investment and trade in relations with Central Asia

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The United States will continue working to mitigate the consequences of sanctions against Russia for Central Asia, ready to increase trade volume with the region and boost investment flows there. This was stated by the Special Assistant to the President of the United States, Senior Director for Russia and Central Asia at the National Security Council, Nicholas Berliner, TASS reports.

"In turn, we continue our work with the countries of Central Asia to help mitigate the consequences of these sanctions and assist them with compliance. As for investments, they have been significant, and we are not saying that they will not continue to flow into the region and grow further," Berliner said.

Berliner disagreed with the notion that the volume of American investments in Central Asia is generally low, pointing out that "the answer will be 2023 when substantial investments were made by the United States in the region." "About one billion dollars of investment were made in Uzbekistan and Kazakhstan," he added.

According to him, the United States "wanted to see an increase in trade in Central Asia at the regional, interregional, and intraregional levels, interacting not only with the United States but also with European countries and other countries in the world."

The B5+1 forum with the participation of representatives of governments and business communities of Central Asian countries and the United States took place in Almaty on March 13-15.

Earlier, during the summit of the heads of states of Central Asia and the United States (C5+1) at the 78th session of the UN General Assembly in September 2023, US President Joe Biden announced the creation of a new business platform under the "C5+1" for economic cooperation.

CentralasianLIGHT.org

March 15, 2024