Country Information
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| Uzbekistan is located in the central part of Central Asia. It borders Kyrgyzstan to the east, Kazakhstan to the northeast, north and northwest, Turkmenistan to the southwest and south, Afghanistan to the south and Tajikistan to the southeast. The total length of the borders is approximately 5300 km. Official name of the country: Republic of Uzbekistan Public holiday January 1 - New Year Modern Uzbekistan is a leading industrial state in the heart of Central Asia, ensuring the stability and economic development of the region as a whole. The advantages that Uzbekistan's modern economy offers to foreign companies include political and macroeconomic stability, favorable natural and climatic conditions, hospitable and hardworking people and many other advantages. Among the advantages, the main factors for the success of doing business in Uzbekistan are: a rich raw material base, a favorable geographical location in the center of the largest regional markets, a transport and logistics system integrated into the land and air communications network. A diversified industrial base of international importance and the scientific, intellectual and human resource potential of the republic. More than 2,800 mineral deposits and promising mineral resources have been identified in the republic; The country's total mineral resource potential is approximately 3.5 trillion. Uzbekistan occupies one of the leading places in the world in terms of non-metallic and metallic minerals, agricultural raw materials. In particular, it ranks 11th in copper reserves, 9th in gold production, 8th in uranium and 5th in cotton fiber production. Uzbekistan's proximity to large markets and developed transport infrastructure integrated into Eurasia's multimodal communications system also determine its prospects for investment, trade and economic cooperation. Foreign companies investing in Uzbekistan have the opportunity to enter the 5 largest and most dynamically growing markets - these are the CIS countries with a market of over 300 million people, Central and Eastern Europe, South and Southeast Asia and the Middle East. . The need to increase Uzbekistan's production and export potential is evidenced by the fact that Uzbekistan is located in the center of the 5 largest and most dynamically growing markets in the world - these are the CIS, East and Southeast Asia, Southern markets. Including Asia. Afghanistan, Middle East, Central and Eastern Europe. In today's conditions, foreign companies can only compete in these markets by using Uzbekistan's absolute and comparative advantages. First of all, this is the favorable geographical position of the republic at the intersection of all trade routes between the above regions; It is an advanced multi-modal network covering markets far beyond Central Asia. Eastern Middle East, northern India and western China. Unprecedented conditions for developing the dynamically growing and in many respects open markets of Central Asia and the CIS are also due to the opportunities for duty-free access for Uzbekistan producers to the markets of Central Asia with a population of 74 million. CIS with a population of 300 million. | ||
