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The following is attributable to Spokesperson John Kirby:
U.S. Secretary of State Kerry met today with four Central Asian foreign ministers on the margins of the OSCE Ministerial Meeting. Welcoming ministers from Kazakhstan, the Kyrgyz Republic, Tajikistan and Uzbekistan, the Secretary regretted that the Foreign Minister of Turkmenistan was unable to make it to Hamburg while noting the continued strong commitment by all five countries to the C5+1 diplomatic platform. The group continued the talks begun in Samarkand last November during Secretary Kerry's historic trip to Central Asia, and built upon this August in Washington. This was the fourth time the ministers have met to discuss regional issues of mutual interest, such as economic connectivity, regional security, environment and climate change, and humanitarian issues.
The Secretary congratulated the ministers on their countries' 25th anniversary year of independence, and celebrated United States' recognition of their independence and our support for the sovereignty, independence, and territorial integrity of each of their countries.
Secretary Kerry underscored the U.S. commitment to the C5+1 diplomatic platform as a means to work with the Central Asian countries on regional and global challenges, and highlighted our support for the region. The Secretary and the four foreign ministers also discussed the progress made on the five joint projects, which were agreed upon in August at the C5+1 ministerial meeting in Washington. Secretary Kerry reiterated our commitment to the C5+1 format as we broaden and deepen our relationship with the Central Asian states.
Uzbekistan will maintain the continuity and consistency in its foreign policy aimed at the protection and promotion of the country's fundamental interests, said the Uzbek Foreign Minister Abdulaziz Kamilov.
He was addressing the meeting of the OSCE Ministerial Council in Hamburg.
"Uzbekistan is a strong supporter of non-interference in the internal affairs of other states and it supports resolving contradictions and conflicts only in a peaceful and political way," said Kamilov.
"The republic (Uzbekistan) made a fundamental and explicit choice not to join any military and political blocs or alliances, not to allow the deployment of foreign military bases on its territory and not to send the country's military personnel outside the country," he explained.
The main priority of the Uzbek foreign policy is to preserve peace and stability in Central Asia, to turn it into a zone of sustainable development in the context of preserved instability in Afghanistan, the foreign minister added.
Financial sector development must go beyond improving access to bank credit. Financial systems should develop in a balanced way through both bank and non-bank subsectors, including capital markets, the insurance sector, and other nonbank financial institutions to properly support inclusive growth in Europe and Central Asia, says a new World Bank report.
For example, only about 38 percent of adults use savings products, compared with the developing world average of 54 percent, and just a few percent use insurance products. Distrust in banks among people is also higher than in any other region of the world.
"Overcoming this distrust and increasing the diversity of the financial system is crucial for sustainable growth. Policies need to focus on creating market incentives while also reducing barriers to ensure that the financial system benefits a wide spectrum of people and firms,"said David Gould, a World Bank Lead Economist in the Europe and Central Asia (ECA) region and author of the report. To read more, please click here.
ANNUAL BUSINESS FORUM:
"Integrating Best Practices, Strategies and Technological Solutions for Success
AUCC Members are honored to be the first international business delegation to be invited by the people of Uzbekistan to visit the country after Presidential Elections on December 4.
AUCC looks forward to meeting with the country's new leadership to address and advance commercial opportunities of mutual interest. Please join AUCC as a member and be part of our delegation to Uzbekistan.
ANNUAL BUSINESS FORUM
will be held on
Wednesday, February 1, 2017 in Tashkent
[Note: There will be no forum on Wednesday, November 30, 2016.]
8.00 am - 4.00 pm
Agenda to follow
The AUCC delegation to Uzbekistan will be led by the chamber's Chairperson Carolyn B. Lamm and President Steven T. Nadherny.
Minister of Foreign Economic Relations, Investments and Trade, Elyor Ganiev, is expected to represent the Government of Uzbekistan.
AUCC is a private, non-governmental, 501 (c)(6) trade association that was established in 1993 in Washington, DC. The chamber is the oldest business group in the US and the Republic of Uzbekistan that exclusively represents commercial interests of the US corporations before the governments of our two countries.
to indicate your interest in the event. Registration deadline is
Monday, December 19, 2016.
For sponsorship opportunities, please contact AUCC at firstname.lastname@example.org.
VISA, HOTEL AND TRANSPORTATION IN TASHKENT:
AUCC will provide assistance with visa, hotel and transportation for AUCC members and guests. Please contact AUCC at email@example.com for details.
Free for AUCC members (will be verified) and US Government representatives.
$1,000 per person for all other guests and participants - The fee is non-refundable.
Click here to make a payment and register for the event.
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