THE IMPACT OF UZBEKISTAN'S WTO MEMBERSHIP ON ECONOMIC DEVELOPMENT

Аннотация:

This research will give a succinct synopsis of the present economic situation in Uzbekistan, emphasizing both its advantages and disadvantages. By doing this, the framework for comprehending the possible effects of WTO membership will be established. The research will next examine the main points of contention about Uzbekistan's economic gains from WTO membership. Among the main topics that will be examined are improved foreign direct investment, expanded market access for Uzbek exports, and the drive for internal economic reforms. The research will not, however, downplay the possible difficulties that come with being a member of the WTO. We'll take a close look at the possibility of job losses in some industries as a result of growing import competition and the requirement for major changes to domestic policy.