UZBEKISTAN’S INTERNATIONAL ROLE IN THE GLOBAL ECONOMY

Authors

  • Lola Klichova International Relations Webster University in Tashkent Uzbekistan’s International Role in the Global Economy Author

Keywords:

Uzbekistan, which sits at the crossroads of Europe and Asia in Central Asia, has skilled fundamental economic and political modifications over the last ten years. After President Islam Karimov died in 2016, the United States of America started a chapter under President Shavkat Mirziyoyev.

Abstract

In this paper, I discussed how Uzbekistan is transferring its role in the world economic system. It highlights the country’s efforts to connect higher with international markets via clever reforms and international partnerships. Since starting a chain of liberal economic reforms, Uzbekistan has moved from a particularly closed and centrally managed gadget to a more open and colorful economic system. The analysis highlights the important thing parts of this variation, like the rapid growth in foreign alternatives, a greater variety of alternate partners, and a stronger enchantment for global investors. Uzbekistan works with important global companions like the European Union, the USA, and China, as well as regional groups including the Eurasian Economic Union. In this paper, I also point out Uzbekistan’s active role in worldwide agencies and its participation in improving infrastructure and virtual connectivity. As the United States of America becomes a critical connection between Europe and Asia, it is miles increasingly more visible as a key player in regional logistics and worldwide delivery chains.

Downloads

Download data is not yet available.

References

Bekzod, Z. and Mirkasimov, B. (2024) How can Uzbekistan integrate into the global economy? The Hague Research Institute for Eastern Europe. https://hagueresearch.org/how-can-uzbekistan-integrate-into-the-global-economy/

World Bank Group (2025) The World Bank in Uzbekistan. https://www.worldbank.org/en/country/uzbekistan/overview

OEC (2023) Uzbekistan. https://oec.world/en/profile/country/uzb

U.S. Department of State (2022) U.S. Relations With Uzbekistan. Bilateral Relations Fact Sheet. https://www.state.gov/u-s-relations-with-uzbekistan/

European Commission (2023) Uzbekistan. https://international-partnerships.ec.europa.eu/countries/uzbekistan_en

International Trade Administration (2023) Trade Agreements. https://www.trade.gov/country-commercial-guides/uzbekistan-trade-agreements

AP News (2025) EU leaders hold their first summit with Central Asian states. https://apnews.com/article/uzbekistan-central-asia-eu-samarkand-summit-2a3b14088999fe72eb60e1b4417fac60

Daryo (2024) Uzbekistan's FTT hits $59.4bn in 11M24, China remains top trade partner throughout year. https://daryo.uz/en/2024/12/23/uzbekistans-ftt-hits-594bn-in-11m24-china-remains-top-trade-partner-throughout-year

Tradeimex (2024) Uzbekistan Major Imports and Top Imports by Country: 2024-25 Trade Insights. https://www.tradeimex.in/blogs/uzbekistan-major-imports-top-import-countries

Rakhmatullaev, Sh. M. (2024) The economy of the new Uzbekistan: starting conditions and deepening of market transformations. The Economics of Geography. https://eurasiamagazine.com/economy-of-the-new-uzbekistan

UNESCAP (2018) Asia-Pacific Trade Briefs: Uzbekistan. Recent Trends and Developments. https://www.unescap.org/sites/default/files/Uzbekistan_5.pdf

Ministry of Republic of Uzbekistan (2024) Foreign Policy of the Republic of Uzbekistan. https://gov.uz/en/mfa/sections/view/14455

Giyasov, S. (2024) Uzbekistan and BRICS: cooperation and prospects. BRICS Journal of Economics. https://brics-econ.arphahub.com/article/119680/

International Trade Administration (2023) Market Overview. https://www.trade.gov/country-commercial-guides/uzbekistan-market-overview

Maria, A. (2023) Uzbekistan: Background and Issues for Congress. Congress.gov. https://www.congress.gov/crs-product/R47798

Downloads

Published

2025-04-01