Economy of uzbekistan

ECONOMY OF UZBEKISTAN.

Uzbekistan’s economy is based on intensive agricultural production. Cotton production is 4 million tones per year, textile manufacture, silk production and leather goods are also important. Wheat, potatoes and rice are widely grown. There are some agriculture and textile machinery plants and several chemical combines.

Uzbekistan possesses extensive mineral deposits too. Copper, uraniuon, oil, gold and many other metals are extracted. In 1998 oil run put was 8.0 millions of tones and gas production was 55 billion cubic meters. Foreign direct investment exceeds US $ 9 billion.

Uzbekistan maintains economical and cultural relations with the USA, Japan, Great Britain, and France, Germany and Turkey and many other countries. In the latest years there are built plants of machinery in Asaka “Damas”with KPDR, “Tico”, and “Mercedes- Benz” with the German Democratic Republic. Uzbekistan exports cotton, machines and other goods to these countries.

Exercise 1: By what productions is Uzbekistan well-known in the world else? Discuss in small groups.


Extra tasks for self-study
Give a presentation about the results of the discussion of groups.
How do you think about the ways of developing the economy of Uzbekistan?