TRADE AND ECONOMIC ASPECT OF RELATIONS BETWEEN KAZAKHSTAN AND UZBEKISTAN

Abstract

This article examines the current state, dynamics of trade and economic relations between the two countries, unresolved issues and possible ways to overcome them for successful interaction in the future. Based on statistical data, the possibilities of increasing mutual trade turnover and various forms of cooperation in order to strengthen business ties between the two countries are noted. Summing up the study, the authors note that the importance of developing trade and economic cooperation is dictated by the general trend of innovation and business activity in Central Asia. Modern transport corridors, the search for new trade partners, as well as the overall development of technological sovereignty play an increasing role. The expansion of trade and economic relations between Kazakhstan and Uzbekistan is not without obstacles of various kinds, but interaction between government agencies and the business community will contribute to the strengthening of business interaction in the future.

The economic landscape of the modern era is characterized by growing interconnectedness and the desire for diversified partnerships. In this regard, the study of foreign trade and economic cooperation between Kazakhstan and Uzbekistan seems to be an interesting and relevant subject of research. The two countries are significant players in the regional economy, possessing unique advantages and resources that open up opportunities for mutually beneficial cooperation. The availability of natural resources is a guarantee for the development of promising industries and the creation of joint ventures, and political contacts at the highest level contribute to their implementation. At the same time, both countries pursue a balanced strategy with the international community and have defined the long-term goal of forming and maintaining constructive relations with countries of the near and far abroad.

It seems that business and investment cooperation between the countries can have positive consequences not only for the economies, but also for political stability and international security. Strengthening interaction between the fraternal people could contribute to the development of trust, dialogue and cooperation in the international arena. In this regard, studying cooperation between the two countries in the context of modern globalization is important for solving practical problems and making decisions in various areas. The long-term experience of relations between Kazakhstan and Uzbekistan is of theoretical and practical value for the countries of Central Asia.

The practical significance of the article lies in the fact that the experience of bilateral cooperation can be useful in the process of improving the trade and innovation policies of the countries of our region to further improve joint work. In this regard, not only achievements, but also certain obstacles that impede the better content of Kazakh-Uzbek relations can be taken into account when adopting appropriate programs that ensure stable growth of national economies.