Foreign Economic Strategy and Innovative Economic Development of Uzbekistan

Abstract

In the concept of socio-economic development of Uzbekistan until 2030, a macroeconomic policy aimed at ensuring sustainable economic growth and fighting against poverty, as well as increasing the competitiveness of national exports is recognized as an important economic basis. Successful implementation of the Concept of integrated socio-economic development of the Republic of Uzbekistan until 2030, as well as Development Strategy of New Uzbekistan for 2022-2026 undoubtedly, require significant attention to external factors of economic development, including promotion of competitive exports. Today the issue of regulation of global socio-economic processes is one of the most important issues at the international level. The World Trade Organization (WTO), as a legal and institutional body of the multilateral trading system, is an international organization that enjoys differen advantages in the process of free goods exchange. At present, 164 countries are members of this organization, and the accession of Uzbekistan to the World Trade Organization (WTO) has caused a variety of observations among experts and scientists.