The development of international trade of Uzbekistan with the EU member states.

Jaloliddin Khudayberganov

Master's thesis

Abstract:

Uzbekistan is one of the world leaders in terms of reserves of silver, tungsten and phosphorites, potassium salt, group metals and other valuable minerals, specifically, in explored reserves of gold within the fourth, uranium - within the seventh, molybdenum - within the eighth, and in confirmed reserves of copper - by 10, gas - 14th place within the world. Cotton and uranium occupy a vital place within the country's exports.Establishing multilateral diplomatic relations between the European Union and its Member States and the Republic of Uzbekistan has laid the groundwork for the development of economic, political, cultural, scientific and other cooperation between the parties. Uzbekistan benefits from the Standard Generalized Scheme of Preferences (GSP) of the EU. In comparison to other countries of Cenral Asia, the position of Uzbekistan according to the GSP utililsation was held on the 2nd after Tajikistan (90% GSP utililsation) and, whereas Kyrgyz Republic only fulfilled 58.03% of GSP utililsation.The EU has one of the high import shares of Uzbekistan with about 15% after China and Russia, which has 20.45% and 19.54% accordingly.According to the CAGR , the annual growth of import is increased by 6.88% every year from 2009 until 2018. Revealing the table about the top five HS commodities on import, Uzbekistan imported high amount of “Machinery and appliances” with the value of $1,143.67 million USD, that gives almost 41% of the total import.

Keywords

Balassa Index, Foreign trade, Trade Balance, Uzbekistan, th EU, CAGR, Hormonized Sections (HS)

Language used: English

Date on which the thesis was submitted / produced: 6. 4. 2020

Thesis defence

• Supervisor: Ing. Pavel Kotyza, Ph.D.

Czech University of Life Sciences Prague

Faculty of Economics and Management

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