INFLUENCE OF BELT AND ROAD INITIATIVE TO UZBEKISTAN`S INTERNATIONAL TRADE

Abstract

The Belt and Road Initiative proposed by the Chinese government has received active support and participation from more than 100 countries and international organizations worldwide. Uzbekistan is located in the center of Central Asia and is an important hub of the Belt and Road Initiative. Uzbekistan was one of the earliest countries to support and actively participate in the Belt and Road Initiative. Therefore, the “Belt and Road” has also had a profound impact on Uzbekistan’s foreign trade. Research shows that Uzbekistan’s participation in the Belt and Road Initiative has significantly promoted Uzbekistan’s foreign trade growth. The findings of this research also will hopefully be significant for Uzbekistan to participate to the BRI when facing challenges and prospects related to international trade of the country. The research conclusions of this article have certain reference significance for how Uzbekistan can better respond to the challenges in international trade in participating in the “Belt and Road” initiative.