Volume 04 Issue 02-2024
26
American Journal Of Social Sciences And Humanity Research
(ISSN
–
2771-2141)
VOLUME
04
ISSUE
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26-31
SJIF
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(2021:
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OCLC
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1121105677
Publisher:
Oscar Publishing Services
Servi
ABSTRACT
In this article, the recognition of the Republic of Uzbekistan by the Chinese state in the process of its international
recognition after gaining independence and its importance is highlighted on the basis of scientific research.
KEYWORDS
Investment, substance, fair, international contract, export, import.
INTRODUCTION
After gaining independence, the Republic of
Uzbekistan took on a number of important tasks in
internal and external political issues. Among them, the
most important external issue is the international
recognition of Uzbekistan as an independent,
sovereign and equal state. Of course, behind this task
there were also the main tasks of finding important
future economic, political and cultural partners of
Uzbekistan and establishing diplomatic relations with
them. At this time, recognition of its independence by
major economic countries and establishing economic
relations with them as soon as possible was an issue on
Research Article
HISTORY OF TRADE-INVESTMENT RELATIONS BETWEEN UZBEKISTAN
AND CHINA
Submission Date:
February 01, 2024,
Accepted Date:
February 06, 2024,
Published Date:
February 11, 2024
Crossref doi:
https://doi.org/10.37547/ajsshr/Volume04Issue02-05
K0dirjonov Omadjon Tavakkaljon Ugli
FACULTY OF HISTORY THE 3rd YEAR STUDENT, ANDIJAN STATE UNIVERSITY, Uzbekistan
Muminov Khusanboy Madaminjanovich
Scientific Supervisor, Associate Professor of The Department of History of Uzbekistan, Andijan State
University, Faculty of History, Uzbekistan
Journal
Website:
https://theusajournals.
com/index.php/ajsshr
Copyright:
Original
content from this work
may be used under the
terms of the creative
commons
attributes
4.0 licence.
Volume 04 Issue 02-2024
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the agenda for Uzbekistan. Because the country had
not yet achieved grain independence, and only a
limited amount of food products remained in the
country. This required finding partners in foreign policy
who would help replenish food resources until the
country achieves grain independence, and who would
be able to conduct reliable trade and economic
cooperation. Another aspect was that in order for
Uzbekistan to access world trade routes, sea routes
were also necessary. One of the closest countries that
can meet such requirements is the People's Republic of
China.
The government of the People's Republic of China has
a long history of maintaining close trade and economic
cooperation relations with the countries of Central
Asia, especially the ancient countries of Uzbekistan,
through the Great Silk Road, and these relations are
beneficial for both sides, the Soviet Union After the
disintegration of the Union, it considered the countries
of Central Asia as reliable, close, important economic
partners and showed great interest in establishing
close relations with these countries.
RESEARCH METHODS
The article was written based on sources such as
historical sources and literature, periodical press
materials, Internet resources, and methods of
historical research such as scientific objectivity, logical
consistency, comparative analysis, and chronological
consistency.
RESULTS
On December 27, 1991, the PRC recognized Uzbekistan,
Kazakhstan, Kyrgyzstan, Turkmenistan, and Tajikistan
as independent states [1]. Central Asian countries,
especially Uzbekistan, began to attract China's
attention due to the fact that it is located in a
geographically important area. At this point, this
opinion of the first President of the Republic of
Uzbekistan, Islam Abduganiyevich Karimov, can be the
proof of our words. "Strengthening cooperation with
brotherly countries at a high state level will allow the
republic to enter the world economic relations system
based on the principles of equal partnership and
mutual respect. First of all, our desire to establish
foreign relations with the countries of Asia and the
Pacific region is determined by the same" [2].
On January 2-3, 1992, during the visit of the Minister of
Foreign Economic Relations and Foreign Trade of the
People's Republic of China Li Lanzin to Uzbekistan,
diplomatic relations with Uzbekistan were established
on Tuesday and Wednesday in Tashkent and it was
agreed to open embassies [3] . On October 15, 1992, the
embassy of the PRC was opened in Tashkent [4].
On March 12-14, 1992, the first President of the Republic
of Uzbekistan Islam Abduganievich Karimov (1991-
2016) laid the foundation for cooperation between the
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two countries during his state visit to the PRC [5]. On
March 13, President I. Karimov met with the General
Secretary of the Central Committee of the Communist
Party of China Jiang Xiamin and the head of the
government of the People's Republic of China Li Peng
[6]. Chairman of the People's Republic of China Li
Shankun (1988-1993) said at the ceremony of receiving
the delegation of Uzbekistan at the House of People's
Assembly: "The leaders of China and Uzbekistan can
solve many issues of bilateral relations. Because even
before that, good relations were established between
the two countries," he highly appreciated the
cooperation between the two countries [7].
During this meeting, about 20 important wide-ranging
contracts were signed in various fields [8]. Among
them, signed on March 13; Uzbekistan-China joint
information, Protocol between the Government of
Uzbekistan and the People's Republic of China on the
"Towards Solidarity", Agreement on the establishment
of the Uzbekistan-China Intergovernmental Company
on trade and economic cooperation Agreement
between the Government of the Republic of
Uzbekistan and the Government of the People's
Republic of China, on scientific and technical
cooperation between the Government of the Republic
of Uzbekistan and the Government of the People's
Republic of China, the Bank of China and the Bank of
Foreign Economic Activities of the Republic of
Uzbekistan consultation between the government of
the Republic of Uzbekistan and the government of the
People's Republic of China, between the Ministry of
Foreign Affairs of the Republic of Uzbekistan and the
Ministry of Foreign Affairs of the People's Republic of
China on the interbank agreement, promotion and
mutual protection of investments on cooperation
between the Ministry of Communications of the
Republic of Uzbekistan and the Ministry of
Communications of the PRC, negotiations between the
Civil Aviation Administration of the Republic of
Uzbekistan and the Civil Aviation Administration of the
PRC, the Government of the Republic of Uzbekistan
with the Government of the People's Republic of China
on cooperation in the field of road and sea transport,
protocol of negotiations between the Government of
the Republic of Uzbekistan and the Government of the
People's Republic of China on cooperation in the field
of railway and transport,
On a state loan for the delivery of goods from the PRC
to Uzbekistan, between the Government of the
Republic of Uzbekistan and the Government of the
PRC, on cooperation in the fields of culture, education,
health and sports Uzbekistan Agreement between the
Government of the Republic of Uzbekistan and the
Government of the People's Republic of China on
exchange of information and cooperation between the
National Information Agency of Uzbekistan and the
Agency of Uzbekistan and the State Information
Agency of the People's Republic of China Xinhua, the
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Republic of Uzbekistan Television and Radio Company
and the PRC Cinematography , there is a protocol
between the Ministry of Television and Radio
Broadcasting on matters in the field of television and
radio broadcasting. In addition, the Chinese side
provided Uzbekistan with a loan of 30 million yuan for
the purchase of food, i.e. grain [9]. This was a big step
towards the economic development of the countries
and the beginning of mutual cooperation.
On March 13, 1992, the signing of the "Agreement on
Promotion and Protection of Investments between the
Governments of the Republic of Uzbekistan and the
People's Republic of China" between the Government
of the Republic of Uzbekistan and the Government of
the People's Republic of China was of particular
importance. It is considered an event because this
transaction was one of the events that started the
entry of foreign investments into Uzbekistan. This
agreement consisted of 16 articles. It has a preamble,
Article 1 definition 4 paragraphs, Article 2 promotion
and protection of investments 2 paragraphs, Article 3
national remedies, Article 4 most important national
remedies 3 paragraphs, Article 5 fairs and fairness 4
paragraphs, Article 6 Expropriations, Clause 4, Article 7
Compensation for damages and losses Clause 2, Article
8 Transfers Clause 4, Article 9 subrogation, Article 10
Waiver of Benefits Article 2, Article 11 Settlement of
Disputes Between Contracting Parties Article 7, Article
12 Settlement of Disputes Between Investors and One
Contracting Party Article 10, Article 13 Other
Obligations 3 paragraph, Article 14 annex 2 paragraph,
Article 15 consultation paragraph 2, Article 16 comment
paragraph 2, Article 17 amendment, Article 18 entry into
force, term and termination of the contract 3
paragraph. According to part 3 of Article 18 of the
agreement, the part of the agreement from Article 1 to
Article 16 should be valid for 10 years from the time of
signing the agreement [10]. Li Yuqing, Minister of
Foreign Economic Affairs, Deputy Prime Minister,
Minister of Communications and Trade, and Rahim
Rajabov, Deputy Prime Minister of Uzbekistan, signed
it [11].
On April 19, 2011, the agreement "On the promotion
and protection of investments" was signed in Beijing,
and this agreement is based on the Decree of the
President of the Republic of Uzbekistan dated July 18,
2011 No. PQ-1580 "On the approval of international
agreements On the basis of the decision of "On", the
agreement of 1992 will be canceled as a result of the
agreement coming into force on December 30, 2011
[12].
In 1992, the volume of trade between Uzbekistan and
China was only 47.52 million dollars. However, as a
result of the strengthening of relations between the
parties, taking into account the reliable growth of the
volume of mutual trade in the future, the volume of
mutual trade in 2016 was 3.6 billion dollars. In 25 years,
the volume of trade increased by 76 times [13]. Boron
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has increased 140 times in just 30 years, and in 2021 this
figure was 7.4 billion dollars [14]. The basis of such a
great result and great growth was the result of
reasonable steps taken by the parties during this
historical period.
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