Doing Business in Uzbekistan

Subject (Course): International Trade and Business in Uzbekistan. Tashkent. Syllabus:

1. Introduction to the Republic of Uzbekistan (Central Asia)
2. The Economy of Uzbekistan
3. Economic Profile of the provinces of Uzbekistan
4. Doing Business in Tashkent
5. Foreign Trade of Uzbekistan
6. Business Opportunities and Investment potential in Uzbekistan
     - Oil and gas industry
     - Automotive
     - Chemical industry
     - Agricultural
     - Machinery manufacturing
     - Biotechnology
     - Pharmaceutical industries
     - Information technologies (IT)
7. Transportation Network in Uzbekistan
     - Case Study: International transport corridors of Uzbekistan
8. Financial system of Uzbekistan
9. Tourism sector of Uzbekistan
10. The 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

Objectives of the subject "Doing Business in the Republic of Uzbekistan":

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

Sample of the subject - Doing Business in Uzbekistan:

Subject Description (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 is composed 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 km²
9. Uzbek Population: 29 millions of people (largest in Central Asia and third in CIS countries)
10. The capital of Uzbekistan: Tashkent
11. The official language: Uzbek.
12. Russian is also used as lingua franca in the region.

The main religion in Uzbekistan: Islam (90% of the population).

Uzbekistan belongs to the Central Eurasian Economic Area of the Islamic Civilization.

The economy of Uzbekistan.

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

International Trade of Uzbekistan.

1. Merchandise exports (% of GDP): 23%
2. Merchandise imports (% of GDP): 23,6%
3. Exports of services (% of GDP): 4,4%
4. Imports of services (% of GDP): 1,4%
5. FDI Inflows (% of GDP): 1.3
6. Top export markets: China, Russia, Kazakhstan, Turkey, and Bangladesh
7. Top import suppliers: China, Russia, South Korea, Kazakhstan, Germany, and Turkey

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 Organization (ECO)
4. Shanghai Cooperation Organization (SCO)
5. Central Asia Regional Economic Cooperation (CAREC) Program
6. Eurasian Economic Community (EurAsEc)
7. Free Trade Agreement (FTA) with the Eurasian Economic Union (EEU)

Uzbekistan is a member of...

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