"Kazakhstan signed a deal to buy $4.2 billion worth of US locomotives and rail equipment amid a push by President Donald Trump to deepen economic ties with Central Asia. Kazakhstan will buy 300 locomotives from Pennsylvania-based Wabtec Corp. in the largest locomotive deal in history, the US Commerce Department said in a September 22 statement. "This landmark deal advances US manufacturing jobs and accelerates growth, opportunity, and connectivity in America and Central Asia," Commerce Secretary Howard Lutnick said during a signing ceremony in New York with Kazakh President Qasym-Zhomart Toqaev."
"US President Donald Trump earlier in the day spoke by phone with Toqaev, who is in the United States to attend the United Nations General Assembly. Trump is seeking to strengthen trade and investment ties with resource-rich Central Asia as he focuses on ending US dependence on China for critical minerals, including rare earths. During his visit to the UN, Toqaev will meet with the chief executive officers of several US companies. The meeting is being organized by the US Chamber of Commerce, which earlier this month led executives from 25 US companies on a trade mission to Kazakhstan, its largest-ever business delegation to the Central Asian country."
Kazakhstan agreed to buy $4.2 billion of U.S. locomotives and rail equipment, acquiring 300 locomotives from Pennsylvania-based Wabtec Corp. The U.S. Commerce Department described the transaction as the largest locomotive deal in history. Commerce Secretary Howard Lutnick characterized the deal as supporting U.S. manufacturing jobs and improving connectivity between America and Central Asia. President Donald Trump spoke by phone with Kazakh President Qasym-Zhomart Toqaev during Toqaev’s visit to the United Nations General Assembly. The U.S. Chamber of Commerce is arranging meetings between Toqaev and several U.S. chief executives and has led a major trade mission to Kazakhstan.
Read at RadioFreeEurope/RadioLiberty
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