The United States, Uzbekistan, Kazakhstan, Kyrgyzstan, Tajikistan and Turkmenistan are launching a business platform fostering a dialogue between public and private sectors Business 5+1. This was announced by the U.S. Department of State’s Bureau of South and Central Asian Affairs.

“B5+1 promotes economic security via: regional economic integration & reform, public-private dialog, innovation & foreign investment,” the statement reads.

The first B5+1 meeting will take place in Almaty in 2024, the message says.

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In September 2023, Central Asian and the U.S. leaders reached an agreement at the C5+1 summit in New York to create a special business platform. The platform is expected to complement the C5+1 multilateral relations and strengthen economic cooperation between Central Asia and the United States.