Theme: Uzbekistan is the land of ancient culture

Major Industries.Uzbekistan's industry is closely tied to its natural resources. Cotton, the white gold of Central Asia, forms the backbone of the economy, with 85 percent exported in exchange for convertible currency. Agricultural machinery, especially for cotton, is produced in the Tashkent region. Oil refineries produce about 173,000 barrels a day.

The Korean car maker Daewoo invested $650 million in a joint venture, UzDaewoo, at a plant in Andijan, which has a capacity of 200,000 cars. However, in 1999 the plant produced just 58,000 cars, and it produced far less in 2000, chiefly for the domestic market. With Daewoo's bankruptcy in November 2000, the future of the plant is uncertain at best.

Trade.Uzbekistan's main trading partners are Russia, South Korea, Germany, the United States, Turkey, and Kazakhstan. Before independence, imports were mainly equipment, consumer goods, and foods. Since independence, Uzbekistan has managed to stop imports of oil from Kazakhstan and has also lowered food imports by reseeding some cotton fields with grain.

Uzbekistan is the world's third-largest cotton exporter.

Uzbekistan exported about $3 billion (U.S.), primarily in cotton, gold, textiles, metals, oil, and natural gas, in 1999. Its main markets are Russia, Switzerland, Britain, Belgium, Kazakhstan, and Tajikistan.