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US and China Battle for Influence in Central Asia as Rubio Seals $12 Billion in

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Uzbekistan in recent days has served as an octagon of competition between the United States and China over economic influence in Central Asia. US Secretary of State Marco Rubio led an almost 300-strong American business delegation to the Uzbek city of Samarkand for a business forum, where on October 19, he held talks with the foreign ministers from all five Central Asian states. Uzbek media, citing the Uzbek Ministry of Investment, Industry and Trade, reported that the trip yielded at least 54 business deals worth $12 billion, covering…

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Business
First reported by
Oil Price
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oilprice.com
Published
Tuesday, 20 October 2026, 9:30 pm IST
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