The Impact of the Belt and Road Initiative on Uzbek Businesses

Received: 2024-05-19 13:56:56

Published: 2024-07-26

Abstract

The Belt and Road Initiative (BRI) is reshaping Uzbekistan through Chinese infrastructure and trade financing, but its sustained development effects are unclear. BRI improves regional connectivity, China-Uzbekistan trade, and Chinese renewable energy financing, according to studies. This project also brings new developments to Uzbekistan, including the development of the railway and logistics sectors and entry into international trade and markets. What is clear is that we must grow, and the few obstacles we meet can be conquered with success tactics.

List of references

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  2. resurgence-and-emergence-as-a-strategic-partner-for-the-eu/ Accessed [December 8,2023]

  3. Lloyds Bank.( 2023) Foreign direct investment (FDI) in Uzbekistan Available at: https://www.lloydsbanktrade.com/en/market-potential/uzbekistan/investment

  4. Green Finance & Government center. (2023) Countries of the Belt and Road Initiative (BRI) Available at: https://greenfdc.org/countries-of-the-belt-and-road-initiative-bri/

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  7. sib%20borayotgan%20brendlari%20O%E2%80%98zbekistonda%20ham%20o%E2%80%98

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About the Authors

Marjona Ilkhomova
Tashkent International University of Education

Student of the Faculty of Business Management

Nigina Khabibiy
Tashkent International University of Education

Lecturer of the Department of Business Management


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How to Cite

The Impact of the Belt and Road Initiative on Uzbek Businesses. (2024). MMIT Proceedings, 249-252. https://doi.org/10.61587/mmit.tiue.uz.v1i1.141

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