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.
Volume 03 Issue 07-2023
20
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
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.
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
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).
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