US senators proposed expanding trade with Central Asia

A reception dedicated to the "C5+1" format summit was held in Washington, D.C. This was reported by Zamin.uz.

At this event, prominent U.S. Senator Jim Risch, together with his colleague Steve Daines, presented a bill to the foreign ministers of Central Asian countries to repeal the Jackson-Vanik amendment. The Jackson-Vanik amendment was adopted in the United States in 1974 and aimed to prohibit trade privileges to countries that restricted emigration freedom.

This law was primarily targeted at the former Soviet Union states. Although Central Asian countries have been independent for over 30 years, these restrictions still limit trade and investment opportunities in the region.

According to Senator Risch, repealing the amendment will expand economic cooperation between the United States and Central Asia and serve to develop a partnership based on strategic interests. He noted the region's complex geopolitical situation, emphasizing that Central Asian countries are located between a growing China and a Russia that threatens stability.

Additionally, the senator stated that the United States will strengthen its influence in the region as a reliable partner and assist Central Asian countries in determining their independent future. He also emphasized that starting a new era of cooperation on the tenth anniversary of the "C5+1" diplomatic platform is timely.

This initiative not only serves the economic interests of the United States but also opens new markets for American companies. According to the senator, deeper trade relations are crucial for strengthening regional stability and expanding economic opportunities for Central Asian countries.