The Role And Importance Of Foreign Investment In The Functioning Of Free Economic Zones Of Uzbekistan

Authors

  • KUZIEVA NARGIZA RAMAZANOVNA
  • ASHUROVA NASIBA BATIROVNA
  • UMAROVA AZIZA ILKHAMBAEVNA
  • KHUSANOV DURBEK NISHONOVICH

Keywords:

Free economic zone, industrial-export special economic zone, determining factor, customs duties, the market monopolized, globalization

Abstract

The article outlines current issues on active development of the production of competitive and export-oriented modern industrial products of the regions of the country, attraction of foreign and local investments to create modern production facilities to ensure the production of competitive products with high added value and in demand on foreign markets, taking into account the deep processing of mineral raw materials and agricultural resources.

At the same time, the essence of the organization of free economic zones for creating favorable conditions for their functioning and an effective mechanism for applying tax and customs privileges in these regions are analyzed.

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References

Decree of the President of the Republic of Uzbekistan dated February 7, 2017 No. PF-4947 "Strategy of actions on five priority areas of development of the Republic of Uzbekistan for 2017-2021".

Law of the Republic of Uzbekistan No. ZRU-604 of February 17, 2020 "On Special Economic Zones".

Mirziyoev Sh.M. "Critical analysis, strict discipline and personal responsibility should be the daily rule of every leader." - Tashkent .: Xalq so'zi newspaper, January 15, 2017.

Decree of the President of the Republic of Uzbekistan dated January 12, 2017 No PF-4931 "On the establishment of free economic zones" Urgut "," Gijduvon "," Kokand "and" Hazarasp ".

Kuzieva, N. and others. (2020). Efficiency of free economic zones in Uzbekistan through taxes ways of supply. International Journal of Advanced Science and Technology. Vol. 29, №. 7, (2020), pp. 7861-7873.

Kuzieva, N. and others. (2020). Business processes in the insurance system and their features. International Journal of Advanced Science and Technology. Vol. 29, №. 7, (2020), pp. 7908-7913.

Kuzieva, N. and others. (2020). Overview of tax administration and tax revenue in Denmark, Norway, Sweden and Uzbekistan. Solid State Technology Volume: 63. Issue: 4, (2020), pp. 390-409.

Kuzieva, N. and others. (2020). Use of electronic commerce platforms in order to increase the competitiveness of insurance companies. Solid State Technology Volume: 63. Issue: 4, (2020), pp. 663- 669.

Kuzieva, N. and others. (2020). Analysis of free economic zones in the Republic of Uzbekistan: development, functioning and existing tax regime. Solid State Technology Volume: 63. Issue: 4, (2020), pp. 574-582.

Kuzieva, N. and others. (2020). The oretical aspects of the emergence of free economic zones and their role in the economy of the state. Solid State Technology Volume: 63. Issue: 4, (2020), pp. 673.

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Published

2021-06-30

How to Cite

RAMAZANOVNA, K. N. ., BATIROVNA, A. N. ., ILKHAMBAEVNA, U. A. ., & NISHONOVICH, K. D. . (2021). The Role And Importance Of Foreign Investment In The Functioning Of Free Economic Zones Of Uzbekistan. The Journal of Contemporary Issues in Business and Government, 27(3), 2701–2704. Retrieved from https://cibgp.com/au/index.php/1323-6903/article/view/1881

Issue

Vol. 27 No. 3 (2021): The journal of contemporary issues in business and government

Section

Articles

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