Business in Uzbekistan

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Syllabus of the Subject: Foreign Trade and Business in Uzbekistan. Tashkent (Course, Master).

  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 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 the Uzbek trade relations with the country of the student
  4. To know the Uzbek Trade Agreements
  5. To examine the profile of Uzbek companies
  6. To develop a business plan for the Uzbek market

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

Masters and Doctorates in International Business adapted to the Uzbekistan, Master Doctorate Business 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 Subject “Foreign Trade and Business in Uzbekistan”: 1 ECTS Credits
  2. Duration: one week

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





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Paterson Ngatchou: EENI Academic Coordinator for Anglophone Countries
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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 of Uzbekistan from the URSS in 1991
  6. Uzbekistan is a landlocked country
  7. Borders of Uzbekistan: Afghanistan, Kazakhstan, Kyrgyzstan, Tajikistan, and Turkmenistan
  8. Are of Uzbekistan: 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 of Uzbekistan: Uzbek
  12. Russian is also used as lingua franca in the region

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

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

Economy of Uzbekistan.

  1. Uzbek GDP growth: 8.1%
  2. Services: 54% of the 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 the GDP): 23%
  2. Merchandise imports (% of the GDP): 23,6%
  3. Service exports (% of the GDP): 4.4%
  4. Services Imports (% of the GDP): 1.4%
  5. FDI Inflows (% of the GDP): 1.3
  6. Top Export Markets of Uzbekistan 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 (Course Master)

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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