DFC - U.S. International Development Finance Corporation

06/16/2026 | Press release | Distributed by Public on 06/16/2026 11:32

DFC Launches New Joint Investment Platform in Uzbekistan

WASHINGTON, D.C. - The U.S. International Development Finance Corporation today launched the U.S.-Uzbekistan Joint Investment Platform, a new framework aimed at advancing strategic investments and export financing cooperation between the U.S. and Uzbekistan.

DFC CEO Ben Black joined EXIM Chairman John Jovanovic, and Uzbek Minister of Investment, Industry, and Trade (MIIT) Laziz Kudratov and Executive Director of the Uzbekistan Fund for Reconstruction and Development (URFD) Shukhrat Vafaev in Tashkent, Uzbekistan for the signing ceremony in the presence of H.E. Shavkat Mirziyoyev, President of Uzbekistan.

"Today's announcement is the first step toward investments that advance both U.S. and Uzbek priorities," said DFC CEO Ben Black. "The Trans Caspian region represents one of the most strategically significant economic corridors in the world. Through our new platform, we will expand and strengthen U.S. supply chains while creating economic growth for both our nations."

The platform will aim to identify strategic investments in Uzbekistan for U.S. and U.S. allies in key sectors that advance the economic and strategic interests of the U.S. and Uzbekistan. Priority sectors for investment will include energy, infrastructure, critical minerals, transportation and logistics infrastructure, and advanced manufacturing including information and communications technology, pharmaceuticals, and more.

The framework will look to mobilize private capital and encourage investment from sovereign wealth funds, multilateral development banks, and other best in class financial institutions.

Today's news builds on CEO Black's announcement in February 2026 on the side of President Trump's inaugural Board of Peace meeting in Washington, D.C., where he announced DFC's intent to expand strategic relations with Uzbekistan by exploring investment in strategic sectors and mutually beneficial projects.

DFC sees significant economic opportunity in Uzbekistan and across Central Asia, driven by rising global demand for critical minerals, growing regional needs for secure and reliable energy, and expanding trade along the Trans Caspian Corridor. DFC is poised to build economic momentum in Uzbekistan and mobilize private sector investment in support of shared growth and strategic economic priorities.

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The U.S. International Development Finance Corporation (DFC) is the international investment arm of the United States Government and central to U.S. economic statecraft. DFC mobilizes private capital to advance U.S. foreign policy and economic development. Our investments deliver strong returns for American taxpayers, drive meaningful economic development for our allies and partners, and secure supply chains to counter and outcompete our adversaries.  

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