Abduraupova Shahlo’s presentation

Uzbekistan’s relations with other countries

• During the years of independence, Uzbekistan has become an independent state in the world community and has become a member of influential international organizations. Political, diplomatic, trade, economic and cultural ties have been established with the world’s leading industrial countries. Bilateral and multilateral mutually beneficial relations have been developing. Uzbekistan has been admired by its rigorous policy and action in addressing urgent problems on the international arena.
• The foreign policy of Uzbekistan is based on peace, stability, cooperation and motual respect. In the wise foreign policy of our country, the introduction of new and advanced technologies from foreign countries is of great importance in attracting foreign investments and establishing and operating joint ventures. At the moment, our country is making significant progress in international economic relations. It is well-known that one of the key factors of liberalization of international trade is the accession to international economic organizations and the activation of their activities within these organizations. The role and importance of international organizations are now increasing. One of the main reasons for the importance of the activities of international economic organizations is the profound specialization in the world economy.

Uzbekistan is a member of authoritative international organizations such as the united nations (UN), the organization for security and cooperation in Europe (OSCE), the commonwealth of independent states (CIS), to world bank (WB), and the Shanghai cooperation organization.

• Uzbekistan is a member of authoritative international organizations such as the united nations (UN), the organization for security and cooperation in Europe (OSCE), the commonwealth of independent states (CIS), to world bank (WB), and the Shanghai cooperation organization.
• With the global economic downturn, Uzbekistan’s economy has continued to grow steadily. After all, sustainable banking system, low public dept, strong budget system and foreign policy positions play key role in achieving macroeconomic objectives.
• The financial market is developing steadily, with the IMF and the world bank experts recruiting experts to conduct various analyzes of the country’s financial and banking activities. Cooperation of Uzbekistan with the international monetary fund (IMF) plays a special role in Uzbekistan’s integration into the world community. The foreign policy pursued by our country has its own place in the world and is an example for establishing international economic relations.
• Reforms by international organizations have a direct impact on the world economy. In addition, the existence of such organizations plays an important role in the development of international economic relations and the stabilization of trade relations. The advantage of international economic organizations is that they are interconnected. In some cases, a crisis in one of the member states of the organization, such as the economic recession, can effect other members of the organization. For this reason, it is advisable to establish international organizations among countries with similar economic potential.
• All this is aimed at strengthening the foreign policy of our country, strengthening its independence, ensuring the welfare and security of the people. This demonstrates the increasing potential of foreign policy of UZBEKISTAN.