Foreign Trade of Uzbekistan

Bc. Guzaloy Mirzaolimova

Master's thesis

Abstract:

Since gaining independence following the fall of the Soviet Union, Uzbekistan, a Central Asian country, has gone through a significant transformation from an agricultural country to a manufacturing country. Although natural resources such as gold, gas and uranium still accounts for majority of exports, the country has been developing its export structure in recent years. As the country faces number of obstacles on its path to improving its export potential, the question remains whether it should join the EAEU (Eurasian Economic Union), which could help regionally but could hinder its opportunities to join the WTO (World Trade Organizations). By joining both or either of them, the country could eliminate number of trade barriers including transportation and logistics costs, reduction or elimination of tariffs, entering new markets and so on. This study analysed the various scenarios how accession to organizations could help, and the author suggests taking smaller steps, and research appropriately so that the government of Uzbekistan receives all the possible benefits without foregoing its interests. In addition, the findings also suggest that Uzbekistan can do number of things itself in order to expand business potential including skills development.

Keywords

Import, Foreign Trade, WTO, EAEU, Central Asia, Covid-19, Export, Russia Invasion of Ukraine 2022

Language used: English

Date on which the thesis was submitted / produced: 31. 3. 2022

Thesis defence

• Supervisor: doc. Ing. Vladimír Krepl, CSc.

Czech University of Life Sciences Prague

Faculty of Economics and Management

Master programme / field:
Economics and Management / Economics and Management