Economic Cooperation Of The Republic Of Uzbekistan With The Countries Of Central Asia: Formation, Development, And Prospects

Abstract

The issues, formation, development, and prospects of economic cooperation of the Republic of Uzbekistan with the countries of Central Asia are highlighted in this article. This paper analyses the factors influencing the economic cooperation of Uzbekistan with the countries of Central Asia. The role and importance of trade, exchanging goods, and joint ventures in strengthening economic cooperation between the countries of Central Asia are described gradually. As well as this paper studies the activities of joint Commissions for the development of economic relations and the legal framework of interstate economic cooperation. Such areas economic-trade, joint ventures, and transport Logistics, which determine regional economic growth in Uzbekistan, Kazakhstan, Kyrgyzstan, Tajikistan, and Turkmenistan highlighted with examples. The paper determines that the beginning of a new era in the history of relations between the countries of Central Asia in recent years contributes to the development and strengthening of economic cooperation. Conclusions are drawn on the development of economic cooperation between the Republic of Uzbekistan and Central Asian countries, and several proposals are put forward to strengthen economic cooperation.