Tashkent, July 24 (SocialNews.XYZ) The United States has discussed with Uzbekistan and Afghanistan the formation of an investment fund to finance private sector projects in the two Central Asian countries, the Uzbek Ministry of Investments and Foreign Trade said.
The fund, which will be supported by the United States, was described as a priority initiative during a videoconference held by government officials from the three countries earlier this week, the ministry said in a statement on Thursday, Xinhua news agency reported.
Officials from the economy, energy, trade and transport ministries of the three countries have also voiced their interest in the development of regional transport infrastructure, particularly the trans-Afghan corridor, according to the statement.
The Uzbek side declared its readiness to continue systematic work to further increase the number of joint investment projects and the trade turnover with Afghanistan, it said.
Uzbekistan shares a border with Afghanistan in the south and has been participating in the socio-economic revival of the war-torn country, including the building of railways and electricity lines.
Source: IANS
About Gopi
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz