EENI Global Business School

Business in Uzbekistan. Petrol, Gas

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Syllabus of the Subject

Uzbek Foreign Trade. Gold. Economic Profile (provinces of Uzbekistan), Tashkent

  1. Introduction to the Republic of Uzbekistan (Central Asia)
  2. Uzbek Economy
    1. Economic Profile of the Provinces of Uzbekistan
    2. Uzbek Financial system
    3. Uzbek Tourism sector
    4. Six advantages of Uzbekistan in the global economy
  3. Business in Tashkent
  4. Case Study: International transport corridors of Uzbekistan
  5. Foreign Trade of Uzbekistan
  6. Business Opportunities in Uzbekistan
    1. Petrol and gas industry
    2. Automotive
    3. Chemical industry
    4. Agricultural
    5. Machinery manufacturing
    6. Biotechnology
    7. Uzbek Pharmaceutical industries
    8. Information technologies (IT)
  7. Case Study: SC “Uzavtosanoat” (automotive industry)
  8. Access to the Uzbek market
  9. Business Plan for Uzbekistan

The objectives of the subject “International Trade and Business in Uzbekistan” are the following:

  1. To analyze the Uzbek Economy and Foreign Trade
  2. To know the business opportunities in Uzbekistan
  3. To explore the Uzbek trade relations with the country of the student
  4. To know the Uzbek Trade Agreements
  5. To examine the profile of Uzbek companies
  6. To develop a business plan for the Uzbek market

Online Student Master in International Business

The Subject “Foreign Trade and Business in Uzbekistan” belongs to the following Online Programs taught by EENI Global Business School:

Masters: International Business, Foreign Trade.

Masters in International Business and Foreign Trade (MIB)

Doctorate: Islamic Business, World Trade.

Doctorate in International Business (DIB) Online

Languages: Masters, Doctorate, International Business, English (or Study Master Doctorate in International Business in Spanish Uzbekistán Study Doctorate in International Business in French Ouzbekistan).

  1. Credits of the subject “Doing Business in Uzbekistan”: 1 ECTS Credits
  2. Duration: one week

Foreign Trade and Business in Central Eurasia

Masters and Doctorate in Global Business adapted to Uzbekistan, Masters, International Business Trade Uzbek Students.

International Trade and Business in Uzbekistan.

Uzbekistan: The Central Asian Trade Oasis.

Eurasian Land Transport Initiative (Silk Road, China-Europe)

Transport Network in Uzbekistan
  1. Almaty-Bishkek Corridor
  2. Corridor of the Ashgabat Agreement
  3. Silk Road
  4. Europe-Caucasus-Asia Corridor
  5. Trans-Caspian Corridor
  6. China-Central-West Asia Corridor

Transport and Transit Corridor, Ashgabat Agreement, India, Iran...

Market Access - Free Trade Agreements

Uzbek Preferential Access and Trade Agreements:

  1. Uzbekistan and the Central Eurasian Economic Area
  2. Commonwealth of Independent States
  3. Economic Cooperation Organization (ECO)
  4. Shanghai Cooperation Organization
  5. Central Asia Cooperation (CAREC)
  6. Trade Agreement with the Eurasian Economic Union (EAEU)
  7. Ukraine-Uzbekistan Agreement
  8. Russia-Uzbekistan Agreement
  9. Kyrgyzstan-Uzbekistan Agreement
  10. Uzbekistan-Georgia Agreement
  11. Iran-Pakistan-Turkey Transit Transport Framework Agreement (TTFA) - has not ratified the TTFA
  12. Islamic Trade Preferential System
  13. Eurasian Economic Union (EAEU) - Observer country

Trade Facilitation Programs. TFA Agreement

  1. WTO (in process of accession)
  2. WCO
    1. Kyoto Convention
  3. BIC (Containers)
  4. Chicago Convention (ICAO)
  5. International Maritime Organization
  6. Customs Convention on Containers
  7. IRU
    1. TIR Convention
    2. Guidelines on Safe Load Securing for Road Transport
  8. Organization for Cooperation between Railways (OSJD)

Islamic Organizations. Arab League

  1. OIC
  2. Islamic Development Bank
  3. Tajikistan - Middle East (AMED)

Euro-Asian Organizations:

  1. ESCAP
  2. Asian Development Bank
  3. Asia Cooperation Dialogue
  4. Boao Forum for Asia
  5. European Investment Bank
  6. UNECE
  7. Africa-Asia Strategic NAASP

Globalization and International Organizations

  1. UN
  2. WB
  3. WTO
  4. IMF
  5. WCO
  6. Uzbekistan-EU:
    1. European Investment Bank
    2. UNECE

  1. The Republic of Uzbekistan is the largest country in Central Asia
  2. Strategic location in the region
  3. Uzbekistan is very rich in natural and human resources
  4. The Republic of Uzbekistan consists of twelve provinces and the autonomous Republic of Qoraqalpoghiston
  5. Independence of Uzbekistan from the URSS in 1991
  6. Uzbekistan is a landlocked country
  7. Borders of Uzbekistan: Afghanistan, Kazakhstan, Kyrgyzstan, Tajikistan, and Turkmenistan
  8. Are of Uzbekistan: 447,400 km²
  9. Uzbek Population: 29 million people (the largest in Central Asia and third in CIS countries)
  10. Capital of Uzbekistan: Tashkent
  11. Official language of Uzbekistan: Uzbek
  12. Russian is also used as lingua franca in the region

Main religion in Uzbekistan: Islam (90% of the Uzbek population).

Islam and Global Business. Islamic Economic Areas

Uzbekistan belongs to the Central Eurasian Economic Area (Islamic Civilization).


Economy of Uzbekistan.

  1. Uzbek GDP growth: 8.1%
  2. Services: 54% of the GDP of Uzbekistan
  3. Main Uzbek economic sectors: industrial goods, agricultural, construction, and retail
  4. Uzbek Natural resources: mineral (petrol and gas) and agricultural
  5. Copper, gold (four largest reserves in the World), uranium, and tungsten reserves
  6. Uzbek Currency: Uzbek Soum
  7. Uzbek inflation: 6.1%
  8. 1 million jobs created

Global Trade and Business in Uzbekistan:
International Trade and Business in Uzbekistan

Uzbekistan Corridors

Foreign Trade (Importing, Exporting)

International Trade of Uzbekistan.

  1. Merchandise exports (% of the GDP): 23%
  2. Merchandise imports (% of the GDP): 23,6%
  3. Service exports (% of the GDP): 4.4%
  4. Services Imports (% of the GDP): 1.4%
  5. FDI Inflows (% of the GDP): 1.3
  6. Top export markets of Uzbekistan are China, Kazakhstan, Turkey, and Bangladesh
  7. Top import suppliers of Uzbekistan are China, Russia, South Korea, Kazakhstan, Germany, and Turkey
  8. Access to the Eurasian Land Transport Initiative

(c) EENI Global Business School (1995-2023)
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