Doing Business in Uzbekistan (Course, Master)

EENI Business School & HA University


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Syllabus of the Online Subject: Foreign Trade and Business in Uzbekistan. Tashkent.

  1. Introduction to the Republic of Uzbekistan (Central Asia)
  2. Uzbek Economy
  3. Economic Profile of the Provinces of Uzbekistan
  4. Doing Business in Tashkent
  5. Foreign Trade of Uzbekistan
  6. Business Opportunities in Uzbekistan
    1. Petrol and gas industry
    2. Automotive
    3. Chemical industry
    4. Agricultural
    5. Machinery manufacturing
    6. Biotechnology
    7. Uzbek Pharmaceutical industries
    8. Information technologies (IT)
  7. Transport Network in Uzbekistan
    1. Case Study: International transport corridors of Uzbekistan
  8. Uzbek Financial system
  9. Uzbek Tourism sector
  10. Six advantages of Uzbekistan in the global economy
  11. Case Study: SC “Uzavtosanoat” (automotive industry)
  12. Access to the Uzbek market
  13. Business Plan for Uzbekistan

The objectives of the Online Subject “Foreign Trade and Business in the Republic of Uzbekistan” are the following:

  1. To analyse the Uzbek economy and foreign trade
  2. To know the business opportunities in the Republic of Uzbekistan
  3. To explore Uzbek trade relations with the student's country
  4. To know Uzbek Trade Agreements
  5. To examine the profile of Uzbek companies
  6. To develop a business plan for the Uzbek market

The eLearning Subject “Doing Business in Uzbekistan” is part of the following Online Higher Education Programs taught by EENI Business School & HA University:
  1. Masters: International Business, Foreign Trade, Muslim Countries, Asia
  2. Doctorates: Islamic Countries, Asia, Foreign Trade
  3. Diploma: Business in Central Eurasia

Higher Education programs adapted to Uzbek Students.

The course materials are available in Master in International Business in English (or Study Master Doctorate Business in Spanish Uzbekistán Study, Master in International Business in French Ouzbekistan).

  1. Credits of the Online Subject “Foreign Trade and Business in Uzbekistan”: 1 ECTS Credits
  2. Duration: one week

Example of the Online Subject - Doing Business in Uzbekistan:
Course: Doing Business in Uzbekistan





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Description of the Online Subject: Doing Business in Uzbekistan.

The Republic of Uzbekistan: The Central Asian Trade Oasis.

  1. Uzbekistan is the largest country in Central Asia
  2. Strategic location in the region
  3. Uzbekistan is very rich in natural and human resources
  4. The Republic of Uzbekistan consists of twelve provinces and the autonomous Republic of Qoraqalpoghiston
  5. Independence from the URSS in 1991
  6. Uzbekistan is a landlocked country
  7. Borders of Uzbekistan: Afghanistan, Kazakhstan, Kyrgyzstan, Tajikistan, and Turkmenistan
  8. Area: 447,400 square kilometres
  9. Uzbek Population: 29 million people (the largest in Central Asia and third in CIS countries)
  10. Capital of Uzbekistan: Tashkent
  11. Official language: Uzbek
  12. Russian is also used as lingua franca in the region

Main religion in Uzbekistan: Islam (90% of Uzbek population).

Uzbekistan belongs to Central Eurasian Economic Area (Islamic Civilisation).

Economy of Uzbekistan.

  1. Uzbek GDP growth: 8.1%
  2. Services: 54% of GDP
  3. Main Uzbek economic sectors: industrial goods, agricultural, construction, and retail
  4. Uzbek Natural resources: mineral (petrol and gas) and agricultural
  5. Copper, gold (four largest reserves in the World), uranium, and tungsten reserves
  6. Uzbek Currency: Uzbek Soum
  7. Uzbek inflation: 6.1%
  8. 1 million jobs created in 2014

Uzbekistan Corridors

International Trade of Uzbekistan.

  1. Merchandise exports (% of GDP): 23%
  2. Merchandise imports (% of GDP): 23,6%
  3. Service exports (% of GDP): 4.4%
  4. Services Imports (% of GDP): 1.4%
  5. FDI Inflows (% of GDP): 1.3
  6. Top Export Markets are China, Russia, Kazakhstan, Turkey, and Bangladesh
  7. Top import suppliers are China, Russia, South Korea, Kazakhstan, Germany, and Turkey
  8. Access to the Eurasian Land Transport Initiative

Silk Road China-Europe by Road

Uzbekistan has preferential access/FTA.

  1. Free Trade Agreements (FTA) with the Kyrgyz Republic and Georgia
  2. Commonwealth of Independent States (CIS)
  3. Economic Cooperation Organisation (ECO)
  4. Shanghai Cooperation Organisation (SCO)
  5. Central Asia Regional Economic Cooperation (CAREC) Programme
  6. Eurasian Economic Community (EurAsEc)
  7. Free Trade Agreement (FTA) with the Eurasian Economic Union (EEU)

Community of Independent States CIS, Course

Uzbekistan is a member of...

  1. Organisation of Islamic Cooperation (OIC)
  2. Islamic Development Bank
  3. World Customs Organisation
  4. Economic and Social Commission for Asia and the Pacific (ESCAP)
  5. Asian Development Bank (ADB)
  6. Asia Cooperation Dialogue (ACD)
  7. Boao Forum for Asia
  8. Uzbekistan-Middle East (AMED)
  9. Uzbekistan-European Union:
    1. European Investment Bank
    2. Economic Commission Europe (UNECE)
  10. Africa-Asia Strategic Partnership (NAASP)
  11. Customs Convention on Containers
  12. Organisation for Cooperation between Railways (OSJD)

Eurasian Economic Community (EurAsEC), e-Course

Economic Cooperation Organisation (ECO, Master)



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