The USA Journals Volume 03 Issue 07-2021
52
The American Journal of Political Science Law and Criminology
(ISSN
–
2693-0803)
Published:
July 30, 2021 |
Pages:
52-56
Doi:
https://doi.org/10.37547/tajpslc/Volume03Issue07-08
I
MPACT
F
ACTOR
2021:
5.
952
‘
ABSTRACT
The economic sovereignty of the state means that the people are free to manage their national wealth,
to freely determine the ways of using their natural resources for the purposes of economic and social
development. At the same time, "the economic sovereignty of the state is a set of formalized rights
to make decisions independently within the powers in the economic sphere" [1, 16]. It means
exercising absolute control over its natural resources and taking internal control of the activities of
any enterprise in all sectors of the economy. Uzbek economist M.N. Yusupova [2, 7-9] argues that the
basis of economic sovereignty is not material resources and wealth, but labor resources, which is an
important factor in the national awakening.
KEYWORDS
Uzbek economist, system of society, globalization, demographic inequality, Central Asian countries.
INTRODUCTION
The main force driving global change is the
economic system of society. There are
processes associated with the globalization of
production and capital, the growth of
international trade, the transfer of productive
forces from developed to developing countries
and the reverse movement of labor. Modern
society is moving along the dynamics of the
objective laws of market relations and is
becoming a locomotive of globalization
processes.According to I.D. Levin, property is
the basis for the full power of any social
stratum in society. The primary interests of any
state are its economic interests [3, 27], the
weakening of economic potential (e.g.,
deindustrialization, the crisis of agriculture, the
Priorities Of Providing The Economic Basis Of Sovereignty
Shavkat Gaybullaevich Asadov
DSc (Law), Professor Of Department Of "Department Legal Basis Of Public Administration And
Structure" Of The Academy Of Public Administration Under The President Of The Republic Of
Uzbekistan
Journal
Website:
https://theamericanjou
rnals.com/index.php/ta
jpslc
Copyright:
Original
content from this work
may be used under the
terms of the creative
commons
attributes
4.0 licence.
The USA Journals Volume 03 Issue 07-2021
53
The American Journal of Political Science Law and Criminology
(ISSN
–
2693-0803)
Published:
July 30, 2021 |
Pages:
52-56
Doi:
https://doi.org/10.37547/tajpslc/Volume03Issue07-08
I
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F
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2021:
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952
disruption of the energy system and etc.)
undermines the basis of state sovereignty.
Creating a legal framework for economic
integration with Central Asian countries.
Today's process of globalization shows that
the integration of the whole world, including
Central Asia, must be manifested in a new
form. Sustainable development, opening of
diversified
access
to
world
markets,
modernization of the national economy are
especially important for Central Asian
countries.
According to M.Porter, "at the moment it is
impossible to imagine the development of any
state in the world in isolation from the
international community, and the life of the
country does not depend only on the domestic
policy of the state" [4, 128]. According to
F.Tolipov, “the interests of many world and
regional powers intersect in Central Asia, which
will help prevent any of them from absolute
domination in the region. Accordingly, Central
Asia can play an active role in the global
geopolitical reconstruction process that is
most likely to take place in the 21st century” [5,
194]. Now, without integration, without
supremacy, regardless of its form, the Central
Asian states will have neither economic,
cultural nor social development, but the region
can become a continuation of it after the
withdrawal of NATO troops from Afghanistan.
The first President of the Republic of
Kazakhstan, Nursultan Nazarbayev, was one of
the first to take such initiatives and put forward
the initiative to create a union of Central Asian
states [6].
Are Central Asian countries ready for
integration today? What values should be
primary as a key factor in the integration of
states? In our view, the Central Asian countries,
which for a quarter of a century have begun to
build the mechanisms of a market economy
independently and have more or less
experienced human resources, are ready for
integration, at least economic integration.
There is no denying that some factors have a
positive and some negative effects on the
integration of states. We can positively assess
the fact that the majority of the peoples of the
countries believe in Islam, the closeness of
language and mental values, and historically,
economic and social development have always
been under a single system, and the ties of
cooperation have survived. Also, Russia, China
and the United States have conflicting
geopolitical interests in the Central Asian
region, the alienation of societies as a way of
social life as a result of the republics' efforts to
build national statehood after the crisis of the
former Soviet regime, the ongoing civil war in
Afghanistan, differences in the distribution of
natural resources, demographic inequality, the
basis of the economy and the diversity of
economic development paths have a negative
impact on integration.
According to M.Suyunbaev, the prospects for
economic development in the Central Asian
region now require integration. First, in Soviet
times, integration did not actually exist (this
integration was with Moscow, not between
the republics); secondly, the transfer of some
powers in presidential republics to integrated
structures will be more difficult than in
parliamentary republics. Finally, the formation
of statehood in the countries of the region
almost coincided with the acceleration of
globalization processes and led to the
sovereignty (identification) of countries.
Eventually, this led to the destruction of
identity and was the main reason for the
The USA Journals Volume 03 Issue 07-2021
54
The American Journal of Political Science Law and Criminology
(ISSN
–
2693-0803)
Published:
July 30, 2021 |
Pages:
52-56
Doi:
https://doi.org/10.37547/tajpslc/Volume03Issue07-08
I
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F
ACTOR
2021:
5.
952
disintegration of the existing integration
system in the region [7, 57].
To what extent does the integration of Central
Asian states affect the preservation of their
national statehood, including Uzbekistan, and
the provision of state sovereignty and
independence? For example, Article 17 of the
Constitution of the Republic of Uzbekistan, the
concept of foreign policy of the Republic of
Uzbekistan does not legally deny such
cooperation. But this is a situation that
politically
limits
the
sovereignty
and
independence of the state, at least in part. We
should be primarily interested in building
integration in the region with the participation
of Central Asian countries. Then we will
minimize the threats to the sovereignty and
independence of the state.
According to researcher M.M.Omarov [8, 32],
Central Asian states should take advantage of
the opportunity to unite Central Asia on the
basis of regional specificity and mutual regional
interests within the framework of the Customs
Union under the auspices of Russia. In fact,
Central Asian countries, including Uzbekistan,
have the opportunity to participate in projects
under the "Great Silk Road Economic Route"
initiated by the Customs Union or the President
of the People's Republic of China Xi Jinping.
These two projects are undoubtedly of great
importance in the economic development of
Central Asian countries. These two projects are
undoubtedly of great importance in the
economic development of Central Asian
countries. The national interests of Uzbekistan
and the priorities of economic cooperation
require, first of all, economic integration with
neighboring
countries:
Kazakhstan,
Turkmenistan, Tajikistan, Kyrgyzstan and
Afghanistan (based on the requirements of the
Concept of Foreign Policy of the Republic of
Uzbekistan). At the same time, it is extremely
important for us to preserve the core of the
system, which determines the integration
relations, in the Central Asian region. The fact
that the core of the integration of Central Asian
countries is in Russia or China, undermines the
stability of the economy of us and our
neighbors. However, this does not mean that
Uzbekistan should not participate in the above
two projects. Uzbekistan just has to choose the
most beneficial path for itself.
One Belt One Road initiative of the People's
Republic of China is important in that it
prioritizes the long-term economic interests of
the countries of the region, including
Uzbekistan, within the framework of the
Russian-sponsored Customs Union project. The
application of the project of the People's
Republic of China will be the basis for
strengthening economic ties between Europe
and Southeast Asia, Uzbekistan's favorable
geographical
location,
large-scale
infrastructure and high-tech investments in our
economy.
The mechanisms of the Treaty on the Eurasian
Economic Union, adopted at the initiative of
Russia, are based on a one-sided approach to
resolving the fate of deep economic
integration [9].
“Our country has always been a crossroads of
the Great Silk Road, a crossroads of many trade
routes, a place for the exchange of cultures.
Ancient Chinese sources mention Tashkent,
Samarkand, Bukhara and Khiva as cities that
made a great contribution to world civilization.
That is why Uzbekistan supported the initiative
of the President of the People's Republic of
China Xi Jinping to establish the Great Silk Road
The USA Journals Volume 03 Issue 07-2021
55
The American Journal of Political Science Law and Criminology
(ISSN
–
2693-0803)
Published:
July 30, 2021 |
Pages:
52-56
Doi:
https://doi.org/10.37547/tajpslc/Volume03Issue07-08
I
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2021:
5.
952
Economic Route. It is an integral part of the
One Belt One Road concept. At the
international forum in Beijing, President
Shavkat Mirziyoyev outlined the country's
position on further improving and developing
this project. Undoubtedly, our country is
interested in the implementation of major
projects in the Central Asian region in the field
of transport, energy, trade, investment and
high technology. Therefore, the region is rich in
natural, industrial and human resources. The
One Belt One Road initiative provides a
platform for participating countries to realize
their full potential, complement each other's
economies, and encourage trade and
investment. "Given the huge financial and
economic potential of the Great Silk Road, it is
necessary to pay special attention to the
implementation of joint projects, primarily
aimed at developing infrastructure and
creating new industrial capacity."
In addition to the above, we support the
initiative of the People's Republic of China to
establish the Great Silk Road Economic Line, to
gain as much economic benefit from the
project as possible, and on its basis to initiate
the establishment of the Central Asian
Economic Union. It is proposed to develop an
international program of organization.
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The USA Journals Volume 03 Issue 07-2021
56
The American Journal of Political Science Law and Criminology
(ISSN
–
2693-0803)
Published:
July 30, 2021 |
Pages:
52-56
Doi:
https://doi.org/10.37547/tajpslc/Volume03Issue07-08
I
MPACT
F
ACTOR
2021:
5.
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