Central Asia ECO Region Economy, Foreign Trade (import export)

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Learning unit: Foreign trade and business in Central Asia Countries. Syllabus:


- The ECO Region (Central Asia): Economy, International trade (import export).
- Doing business in: Afghanistan, Kazakhstan, Kyrgyz Republic, Tajikistan, Turkey, Turkmenistan and Uzbekistan.

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Course business in Central Asia - Master Asia - Master Muslims countries.

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Course summary: trade and business in Central Asia Countries

The Economic Cooperation Organization (ECO) region involves 10 Central Asian economies: Islamic State of Afghanistan, Azerbaijan Republic, Islamic Republic of Iran, Republic of Kazakhstan, Kyrgyz Republic, Islamic Republic of Pakistan, Republic of Tajikistan, Republic of Turkey, Turkmenistan and Republic of Uzbekistan.

Example of the course doing business in Central Asia Countries
Central Asia Business

The Islamic Republic of Afghanistan is an poor and landlocked nation, highly dependent on farming, handicrafts and livestock raising. Gross domestic product of the Islamic Republic of Afghanistan has fallen substantially over the past 20 years because of the loss of labor and capital and the interruption of International trade and transport.

The Republic of Kazakhstan is the 2th biggest states of the former Union of Soviet Socialist Republics. The Republic of Kazakhstan haves immense untapped fossil-fuel reserves and other minerals and metals. Kazakhstan also has significant agricultural potential with its immense steppe lands. The industrial sector of the Republic of Kazakhstan remains on the extraction and processing of natural resources.

Kyrgyz Republic. The people of the Kyrgyz Republic have usually elevated livestock and occupied in farming. Cotton, wool, and meat are the main agricultural export products. Other important resources are: coal, nonferrous metals, antimony and mercury ores. Gold mining has augmented in magnitude. Hydroelectric power provides 3/4 of the electric energy of the Kyrgyz Republic.

Republic of Tajikistan. The Tajik economy has been gravely weakened by the civil war (1992-97). Owing to that, Republic of Tajikistan has shown the next-to-lowest per capita Gross domestic product (GDP) in the former Union of Soviet Socialist Republics and an extremely low standard of living. Agriculture is the foundation of the economy of the Republic of Tajikistan, with cotton being the most important crop.

The main economic sector of Turkmenistan is: cotton cultivation, oil and natural gas extraction. Turkmenistan the 10th world cotton producer. Turkmenistan takes the 4th place in the world for gas resources and has significant oil reserves.

The Republic of Uzbekistan is one of the leading world producers of cotton. the Republic of Uzbekistan occupies the 4th place in the world by producing cotton fiber and the 2nd place by its export. Uzbekistan exports a large volume of natural gas.

Eurasian Economic Community (EurAsEC)


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