Opportunities for establishment of transborder free economic zones in Central Asia

  • Mehri Khasanovna Vokhidova Tashkent State Institute of Oriental Studies - Uzbekistan
  • Shakhlo Davirova Tashkent Institute of Finance - Uzbekistan
  • Gulnora Gulyamova International Islamic Academy of Uzbekistan - Uzbekistan
  • Odiljon Ugli Mukhamedaminov Aziz Tashkent University of Information Technologies - Uzbekistan
Keywords: Uzbekistan, Central Asia, Transborder Free Economic Zone, Economic Integration, Free Economic Zone

Abstract

This article explores the possibility of establishing trans-border free economic zones in cooperation with Central Asian countries bordering on Uzbekistan. According to the study, the transborder free economic zones between Uzbekistan, Kazakhstan, Uzbekistan, Turkmenistan and Uzbekistan are useful for the Uzbek economy. The role and place of Central Asian countries in the world economy is on the rise. Nevertheless, the non-improvement of trade and economic relations between the countries of the region with the countries of Central Asia is a matter of urgency. In this regard, the article analyses the potential for improving trade and economic relations in the region through the establishment of cross-border free economic zones. Creating a trade and transit zone in our country will create a complex, which includes a logistics center, which will include road and rail transport, provide safe and fast shipping of goods through the transit zone, and the establishment of warehouses and wholesale stores. The purpose of the article is to develop alternative options for establishing cross-border free economic zones at the border crossings of countries bordering Central Asia, particularly Uzbekistan.

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Author Biographies

Mehri Khasanovna Vokhidova , Tashkent State Institute of Oriental Studies - Uzbekistan

Corresponding author. Lecturer at the Tashkent State Institute of Oriental Studies, PhD

Odiljon Ugli Mukhamedaminov Aziz , Tashkent University of Information Technologies - Uzbekistan

Assistant Tashkent University of Information Technologies named after Muhammad al-Khwarizmi

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Published
2019-03-31
How to Cite
Vokhidova , M. K., Davirova, S., Gulyamova , G., & Mukhamedaminov Aziz , O. U. (2019). Opportunities for establishment of transborder free economic zones in Central Asia. Religación, 4(13), 235-242. Retrieved from https://revista.religacion.com/index.php/religacion/article/view/214