Changes

Since Uzbekistan's independence, U.S. firms have invested roughly U.S. $500 million in Uzbekistan. 2006 was one of the worst years for foreign investment, especially U.S. Due to declining investor confidence, currency convertibility problems, and changes to Uzbek legislation, numerous international investors have left the country or are considering leaving. The Government of Uzbekistan declared bankrupt the Newmont Mining joint venture, the largest U.S. investor. Caterpillar Tractors pulled out in late 2006. Chevron-Texaco set up operations in 1992 and is focusing on producing lubricants for the Uzbek market. Coca Cola, one of the largest U.S. franchises, weathered problems in previous years. No large, new investments have been made by U.S. firms in the last 5 years.

Since Uzbekistan's independence, U.S. firms have invested roughly U.S. $500 million in Uzbekistan. 2006 was one of the worst years for foreign investment, especially U.S. Due to declining investor confidence, currency convertibility problems, and changes to Uzbek legislation, numerous international investors have left the country or are considering leaving. The Government of Uzbekistan declared bankrupt the Newmont Mining joint venture, the largest U.S. investor. Caterpillar Tractors pulled out in late 2006. Chevron-Texaco set up operations in 1992 and is focusing on producing lubricants for the Uzbek market. Coca Cola, one of the largest U.S. franchises, weathered problems in previous years. No large, new investments have been made by U.S. firms in the last 5 years.

==References==

==References==

{{Asian Countries}}

{{Asian Countries}}

[[Category:Former Soviet Countries]]

[[Category:Former Soviet Countries]]

[[Category:Dictatorships]]

[[Category:Dictatorships]]

[[Category:Muslim-Majority Countries]]

[[Category:Muslim-Majority Countries]]