Trump, Eye On Central Asia, Clinches $12B In Deals With Kazakhstan, Uzbekistan– www.rferl.org
Trump, Eye On Central Asia, Clinches $12B In Deals With Kazakhstan, Uzbekistan– www.rferl.org
Source Link
Excerpt:
US President Donald Trump has clinched $12 billion in trade deals with Uzbekistan and Kazakhstan amid a push to deepen economic ties with the strategic Central Asian region.
Uzbekistan agreed to buy 22 787 airplanes from Chicago-based Boeing for more than $8 billion, Trump said in a September 22 post on Truth Social.
“We will continue to work together on many more items!” Trump said in the post.
Meanwhile, Kazakhstan signed an agreement to buy 300 US locomotives as well as other rail equipment from Pennsylvania-based Wabtec Corporation for $4.2 billion. The US Commerce Department described it as the largest rail deal in U.S. history.
“This landmark deal advances US manufacturing jobs and accelerates growth, opportunity, and connectivity in America and Central Asia,” Commerce Secretary Howard Lutnick said during a signing ceremony in New York with Kazakh President Qasym-Zhomart Toqaev.
Trump earlier in the day spoke by phone with Toqaev, who is in the United States to attend the UN General Assembly.
Trump is seeking to strengthen trade and investment ties with resource-rich Central Asia as he focuses on ending US dependence on China for critical minerals, including rare earths.