Authors

  • Abduraufov Dilshod Muhammadi O’gli
    Student Of The Faculty Of International Law Of The University Of World Economy And Diplomacy, Uzbekistan

DOI:

https://doi.org/10.37547/ajsshr/Volume03Issue07-05

Keywords:

Strategic partnership PPP commodity exchange

Abstract

Currently, our country is carrying out extensive reforms with several countries. Many agreements have been signed with China until 2030. China is one of the countries that invests the most in the economy of Uzbekistan. On the basis of preferential and commercial loans of the Chinese government, more than 60 large projects were implemented in Uzbekistan, such as the modernization of the infrastructure of electricity, oil and gas, hydropower and chemical industry, air and railway transport.


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Volume 03 Issue 07-2023

19


American Journal Of Social Sciences And Humanity Research
(ISSN

2771-2141)

VOLUME

03

ISSUE

07

P

AGES

:

19-22

SJIF

I

MPACT

FACTOR

(2021:

5.

993

)

(2022:

6.

015

)

(2023:

7.

164

)

OCLC

1121105677















































Publisher:

Oscar Publishing Services

Servi

ABSTRACT

Currently, our country is carrying out extensive reforms with several countries. Many agreements have been signed

with China until 2030. China is one of the countries that invests the most in the economy of Uzbekistan. On the basis

of preferential and commercial loans of the Chinese government, more than 60 large projects were implemented in

Uzbekistan, such as the modernization of the infrastructure of electricity, oil and gas, hydropower and chemical

industry, air and railway transport.

KEYWORDS

Strategic partnership, PPP, commodity exchange, development.

INTRODUCTION

The independence of the Republic of Uzbekistan was

recognized by the People's Republic of China on

December 27, 1991, and diplomatic relations were

established on January 2, 1992. The fundamental basis

of these diplomatic relations was the opening of the

PRC embassy in Tashkent in October 1992 and the

independent Uzbekistan embassy in Beijing in May

1995.

Over the past 30 years, the bilateral cooperation

relations between Uzbekistan and the PRC have been

reflected in long-term strategic documents. For

example, the 2005 Treaty on Partnership Relations of

Research Article

ECONOMIC, CULTURAL AND POLITICAL OF UZBEKISTAN AND CHINA
RELATIONS

Submission Date:

July 20, 2023,

Accepted Date:

July 25, 2023,

Published Date:

July 30, 2023

Crossref doi:

https://doi.org/10.37547/ajsshr/Volume03Issue07-05


Abduraufov Dilshod Muhammadi

O’gli

Student Of The Faculty Of International Law Of The University Of World Economy And Diplomacy, 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.


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Volume 03 Issue 07-2023

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American Journal Of Social Sciences And Humanity Research
(ISSN

2771-2141)

VOLUME

03

ISSUE

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P

AGES

:

19-22

SJIF

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MPACT

FACTOR

(2021:

5.

993

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(2022:

6.

015

)

(2023:

7.

164

)

OCLC

1121105677















































Publisher:

Oscar Publishing Services

Servi

Friendship and Cooperation, the 2012 Joint Declaration

on the Establishment of Strategic Partnership, the 2013

Treaty on Friendship and Cooperation, the 2013

Agreement on Further Deepening and Development of

Bilateral Strategic Cooperation We can mention the

joint declaration on "Strategic cooperation of 2016"

and other documents.

Sh. Mirziyoyev's first visit to China on May 12, 2017

started a new stage of mutual cooperation. During this

visit, the leaders of the two countries signed a joint

statement on further deepening of strategic

partnership relations, as well as more than a hundred

documents of different levels.

During his visit in 2018, Sh. Mirziyoyev presented

important and relevant proposals at the eighteenth

meeting of the Council of Heads of State of the

Shanghai Cooperation Organization held in Qingdao. In

particular, importance was attached to the formation

of strong and stable immunity against the ideology of

terrorism and extremism in the population, especially

the young generation, expansion of trade and

economic cooperation,

and strengthening

of

cooperation. The parties were given the opportunity to

effectively use the transport and transit potential of

the SCO space.

Large-scale events and effective projects are being

implemented between the two countries in the fields

of culture, science and education. In 2016, Chinese

President Xi Jinping visited Bukhara in cooperation

with the President of Uzbekistan Shavkat Mirziyoyev

and got acquainted with cultural monuments there.

Days of national culture, exhibitions, concerts, and film

festivals are regularly held in China and Uzbekistan. The

interest of Chinese art representatives in the culture

and art of Uzbekistan can be observed through many

events. For example, the first statue of the

representative of Uzbek culture erected in China in

2003 in the framework of the 6th World Forum of

Sculptors held in Changchun, China, was the statue of

the great artist and miniaturist Kamaluddin Begzod.

In 2017, a statue of the great thinker Alisher Navoi was

installed at Shanghai University. Art exhibitions "Works

of famous artists of Uzbekistan" were organized in a

number of large cities of China.

We should also mention that China has been

Uzbekistan's largest trading partner since 2016. In

2019, the volume of mutual trade between China and

Uzbekistan increased by 15.1% and amounted to 7.2

billion dollars. In 2020, this indicator was about 6.4

billion US dollars, which was damaged by the

pandemic.

China has become the fastest growing import market

of Uzbekistan in the last ten years. In 2020, 22.2 percent

of Uzbekistan's imports were Chinese products. At the

same time, 9.8 percent of products exported from

Uzbekistan to China.


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Volume 03 Issue 07-2023

21


American Journal Of Social Sciences And Humanity Research
(ISSN

2771-2141)

VOLUME

03

ISSUE

07

P

AGES

:

19-22

SJIF

I

MPACT

FACTOR

(2021:

5.

993

)

(2022:

6.

015

)

(2023:

7.

164

)

OCLC

1121105677















































Publisher:

Oscar Publishing Services

Servi

Uzbekistan mainly imports from China, Russia, South

Korea, Kazakhstan and Turkey. In recent years, mainly

passenger cars and their spare parts, construction

equipment, air conditioners, refrigerators, electronic

machines and equipment, audio and video equipment,

plastic and plastic products have been imported to

Uzbekistan from China. In turn, Uzbekistan mainly

exports natural gas, ferrous and non-ferrous metals,

and textile products to China.

According to the International Trade Center (ITC,

2022), exports from China to Uzbekistan increased

from 104 million dollars in 2002 to 5.2 billion dollars in

2021. In the same period, the country's imports from

Uzbekistan increased from 27 million dollars to almost

2 billion dollars (Figure 1). China's exports to

Uzbekistan are diversified and consist of various

industrial products, while Uzbekistan mainly supplies

mineral fuels, in particular, natural gas and cotton. In

2021, the share of mineral fuel in the total export of

Uzbekistan was 38 percent, and the share of cotton

was 33 percent. Low diversification of exports puts

Uzbekistan at risk, which is mainly due to changes in

the price of exported products. Uzbekistan has

achieved significant economic progress since the

presidency of Shavkat Mirziyoyev. In particular, the

volume of foreign direct investments last year

amounted to 25 billion US dollars, in the last six years,

about 59,000 investment projects were implemented,

more than 2.5 million new jobs were created. was

created.

The country has set ambitious goals for economic

transformation. The government of Uzbekistan aims to

increase the gross domestic product to 100 billion US

dollars, double the export volume to more than 30

billion dollars, and make 80% of the gross domestic

product produced by the private sector.

By 2030 or earlier, Uzbekistan wants to become a

member of the World Trade Organization and become

a country with an above-average GDP per capita. To

achieve these goals, Uzbekistan needs direct foreign

investments in the main sectors of industry and

infrastructure.

On September 8, 2021, Yu Xianghua, Deputy Minister of

the Ministry of Commerce of China and First Deputy

Minister of the Ministry of Investments and Foreign

Trade of Uzbekistan, also chaired the seventh meeting

of the Subcommittee on Economic and Trade

Cooperation. At the next meeting of the "China-

Uzbekistan"

intergovernmental

cooperation

committee, opinions were exchanged on the

implementation of the consensus reached by the

leaders of the two countries and the deepening of

bilateral pragmatic cooperation. During the meeting,

Yu said that China is ready to develop high-quality Belt

and Road cooperation with Uzbekistan, and the two

countries will sign the trade and investment


background image

Volume 03 Issue 07-2023

22


American Journal Of Social Sciences And Humanity Research
(ISSN

2771-2141)

VOLUME

03

ISSUE

07

P

AGES

:

19-22

SJIF

I

MPACT

FACTOR

(2021:

5.

993

)

(2022:

6.

015

)

(2023:

7.

164

)

OCLC

1121105677















































Publisher:

Oscar Publishing Services

Servi

cooperation plan between China and Uzbekistan (2022-

2026).

REFERENCES

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Burna-Asefi, Sofiya Nina (2022). Xitoy va

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uzbekistan-an-emerging-development-

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Xalqaro savdo markazi (2022). Xitoy va

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Burna-Asefi, Sofiya Nina (2022). Xitoy va O‘zbekiston: Rivojlanish hamkorligi rivojlanmoqdami? https://thediplomat.com/2022/05/china-and-uzbekistan-an-emerging-development-partnership/ dan olindi . 13.05.2022 da kirish.

Xalqaro savdo markazi (2022). Xitoy va O‘zbekiston o‘rtasidagi o‘zaro savdo. https://www.trademap.org/Bilateral_TS.aspx?nvpm=1%7c156%7c%7c860%7c%7cTOTAL%7c%7c%7c2%7c1%7c1%7c2%7c2%7c1%7c1%7c1% dan olindi 7c1%7c1 . 08.05.2022 da kirish.

Rapoza, Kennet (2022). Inqirozdagi qo‘shnilar, O‘zbekiston asosiy e’tiborini sarmoyaga o‘tkazmoqda. https://www.forbes.com/sites/kenrapoza/2022/05/01/neighbors-in-crisis-uzbekistan-shifts-focus-to-investment/?sh=1e61e5f228b9 dan olindi . 08.05.2022 da kirish.

Umarova, Nargiza (2022). Xitoy va O‘zbekiston: investitsiyalar, loyihalar va hamkorlik yo‘nalishlari. https://cabar.asia/en/china-and-uzbekistan-investments-projects-and-areas-of-cooperation#:~:text=Uzbekistan%20is%20also%20actively%20using,trade%20curnover%20amounted dan olindi %20to%2017,7%25 . 10.05.2022 da kirish.

Van Der Kley, Dirk va Niva Yau (2021). Markaziy osiyoliklar Xitoy firmalarini mahalliylashtirishga qanday turtki bergan. https://carnegieendowment.org/2021/10/15/how-central-asians-pushed-chinese-firms-to-localize-pub-85561 dan olindi . 08.05.2022 da kirish.

Vuds, Elizabet va Tomas Beyker (2022). Markaziy Osiyoda Xitoyning susayishi haqida jamoatchilik fikri. https://thediplomat.com/2022/05/public-opinion-on-china-waning-in-central-asia/ dan olindi . 08.05.2022 da kirish.