Increasing the investment attractiveness of the republic of Uzbekistan: results, problems, prospects.
Keywords:
foreign investment, foreign direct investment, investment climate, investment attractiveness, investment program.Abstract
Attracting foreign investment, since the first economic reforms, has always been the focus of the government of the Republic of Uzbekistan. The article considers investment processes in retrospect, substantiates measures to increase investment attractiveness. Particular attention is paid to the organization and management of foreign investment processes in 2015- 2020, including the development of legal and organizational frameworks regulating the attraction of foreign investment and their protection.
Downloads
References
World Investment Report 2020: International Production Beyond the Pandemic, p.4.
Law of the Republic of Uzbekistan "On amendments and additions to some legislative acts of the Republic of Uzbekistan aimed at further strengthening the reliable protection of private property, business entities, removing barriers to their accelerated development" No. ЗРУ-391, 08/20/2015; Decree of the President of the Republic of Uzbekistan "On measures to ensure reliable protection of private property, small business and private entrepreneurship, removing barriers to their accelerated development" No. UP-4725, 05/25/2015; Resolutions of the President of the Republic of Uzbekistan: “On measures to increase the share and importance of private property in the economy” No. PP-2340, 28.04.2015; “On measures to further improve the procedure for providing public services to business entities on the “one window ” principle No. PP-2412, 28.09.2015.
Statistical Overview of the Republic of Uzbekistan. T.: 2016, p.22.
World Investment Report 2020: International Production Beyond the Pandemic, Annex table 1. FDI inflows, by region and economy, 1990-2019.
Resolutions of the President of the Republic of Uzbekistan: "On additional measures to further improve the activities of diplomatic missions of the Republic of Uzbekistan abroad", No. PP-2732, 01/18/2017; "On organizational measures to further improve the activities of the Ministry of Foreign Affairs of the Republic of Uzbekistan", No. PP-3654, 05.04.18; Decree of the President of the Republic of Uzbekistan “On measures to radically improve the system of the Ministry of Foreign Affairs of the Republic of Uzbekistan and strengthen its responsibility for the implementation of priority areas of foreign policy and foreign economic activity No. UP-5400, 05.04.2018.
Resolutions of the President of the Republic of Uzbekistan: “On measures to improve the mechanism for managing investment projects with the participation of international financial institutions and donor countries” No. PP-3796, 21.06.2018; "On measures to improve the efficiency of preparation and implementation of projects with the participation of international financial institutions and foreign government financial organizations" No. PP-3857, 16.07.2018; Order of the President of the Republic of Uzbekistan "On organizational measures to attract financial and technical assistance from the United Arab Emirates in order to improve the efficiency of public administration of the Republic of Uzbekistan" No. R- 5480, 24.06.2019; Decree of the President of the Republic of Uzbekistan "On measures to improve the mechanisms for attracting funds from external gratuitous assistance and work with donors" No.UP-5848, 10.10.2019.
Materials of the meeting under the President of the Republic of Uzbekistan on May 11, 2020 on the widespread introduction of the digital economy and electronic government.
Statistic Overview of the Republic Uzbekistan-2017, p.29; of Uzbekistan-2020, p.8.
Socio-economic position of the Republic- 2020 г., с.1.
Reformmarathon geht in die naechste Runde .GTAI. Germany Trade and Invest. Wirtschaftsumfeld | Usbekistan | Konjunktur.13.08.2020
Doing Business 2016 Measuring Regulatory Quality and Efficiency, A World bank Group Flagship Record, p.243, Doing Business 2019 Training for Reform, A World bank Group Flagship Record, p.213.
Halik Finance.Узбекистан: текущее состояние и перспективы роста. https://halykfinance.kz/download/files/analytics/uzbekistan_2019.pdf.
World Investment Report 2020: International Production Beyond the Pandemic, Annex table 1. FDI inflows, by region and economy, 1990-2019.
14.U.S.Nadirkhanov, Methodological aspects of the foreign investments classification in the Republic of Uzbekistan. Moliyachi ma'lumotnomasi, Training Center under the Ministry of Finance of the Republic of Uzbekistan, T .: 2015, No. 6, pp. 50-56.
World Investment Report 2020: International Production Beyond the Pandemic, p.6
Decree of the President of the Republic of Uzbekistan "On additional measures to support the population, economic sectors and business entities during the coronavirus pandemic" No.UP-5978, 03.04.2020.
Downloads
Published
How to Cite
Issue
Section
License
You are free to:
- Share — copy and redistribute the material in any medium or format for any purpose, even commercially.
- Adapt — remix, transform, and build upon the material for any purpose, even commercially.
- The licensor cannot revoke these freedoms as long as you follow the license terms.
Under the following terms:
- Attribution — You must give appropriate credit , provide a link to the license, and indicate if changes were made . You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
- No additional restrictions — You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.
Notices:
You do not have to comply with the license for elements of the material in the public domain or where your use is permitted by an applicable exception or limitation .
No warranties are given. The license may not give you all of the permissions necessary for your intended use. For example, other rights such as publicity, privacy, or moral rights may limit how you use the material.
