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category Economy

The $135 Billion Deal Between Uzbekistan and the US Could Shake the Markets


US President Donald Trump's statement regarding Uzbekistan investing $135 billion in the American economy could have a positive impact on the financial markets, reports financial technology analysis company TipRanks. “In particular, this will have a positive effect on companies operating in the aviation and infrastructure sectors.

Demand for products of Boeing and Caterpillar companies may increase,” the company’s analysis says. In addition, investor interest in sector funds such as Tesla and Industrial, Technology, Energy Select Sector SPDR is also expected to rise.

According to Trump, Tashkent plans to purchase products and invest $35 billion by 2028. Over the next ten years, this figure could exceed $100 billion.

According to Bloomberg, last year Uzbekistan's gross domestic product amounted to $115 billion.
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News » Economy » The $135 Billion Deal Between Uzbekistan and the US Could Shake the Markets

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