ON ECONOMIC COOPERATION OF THE REPUBLIC OF UZBEKISTAN MECHANISMS OF ENSURING

Аннотация

This article describes the essence, importance and theoretical foundations of international economic integration. In addition, the article presents the stages of development of international economic integration and its impact on the economy of countries are described, Second, reach regional investment agreements that increase the investment attractiveness of Central Asia for foreign entrepreneurs. Countries should adopt uniform investment conditions to removeinternal barriers, reduce bureaucracy, and createtax-free zones and territories. Key words: integration, free trade, common market, globalization, development strategy, international economic. Today, the modern world is developing through integration processes. In different regions of the world, integration is formalized in the form of trade, economic, currency, customs and political unions. This is an objective and natural process. Integration processes are deepening, improving and strengthening on the scale of our planet. Integration processes, first of all, are manifested in the formation of many international and non-governmental organizations. On the one hand, this process occurs under the influence of globalization, on the other hand, this reality directly brings global economic changes to a higher level. In such conditions, each country is required to develop its economy, pursuing national interests and at the same time, on the basis of mutually beneficial cooperation with other countries, to be an active participant in integration groups. Implementation of cooperation through international economic integration primarily presupposes theeffective use of economic opportunities, and therefore means a joint solution to problems that may arise inthis process. In the development strategy of the new Uzbekistan for 2022-2026: to increase the volume of the republic's exports to 30 billion US dollars in 2026 by increasing the export potential of the republic; to increase the export potential of the republic by actively continuing the system of support for the activities of exporting enterprises; further development of the export potential of local industry while fully using existing opportunities; introduction of standards that meet foreign market and international requirements and attraction of well-known brands; increase the share of the private sector in exports to 60%; improvement of the system of organizational and financial assistance to exporting enterprises; increase the volume of finished and semi-finished products in exports by 3.3 times, selection of 200 exporters based on the idea of ​ ​ "New Uzbekistan - a country of competitive products" on the basis of an open competition, turning them into leading exporters and ensuring comprehensive support; Particular attention is paid to such issues as thecreation of free trade zones inborder areas withneighboring countries. The relevance of international economic integration lies in the fact that in the modern world economy no country can fully and completely develop without economic integration with other countries. Therefore, an in-depth study of integration processes in the world is a requirement of the modern era. Therefore, the purpose of the research work is to describe the theoretical aspects https://ijmri.de/index.php/jmsi volume 4,issue5,2025 62 of international economic integration and analyze its current trends. It should be noted that the main theories of integration were formed directly within the framework of Western European integration. In the middle of the 20th century, scientific concepts of the integration process were built around the idea of ​ ​ creating a single space based on the unity of the institutional system, cultural symbols and economic complex. To significantly improve economic indicators on such issues as mutual trade, interregional investments and joint regional industrial cooperation of the Central Asian countries, it is necessary to create a basis for practical steps. Central Asia, with a population of more than 70 million people, still does not fully use its economic, transport and energy potential. In thisregard, itis important to: First, conclude bilateral and multilateral trade agreements that remove any barriers to the movement of goods, services and people. These agreements should address a range of issues, including trade in goods, trade in services, investment, intellectual property, rules of origin, disputeresolution mechanisms, etc. Second, reach regional investment agreements that increase the investment attractiveness of Central Asia for foreign entrepreneurs. Countries should adopt uniform investment conditions to removeinternal barriers, reduce bureaucracy, and createtax-free zones and territories. Third, create joint infrastructure projects that ensure and facilitate economic interaction between peoplein theregion. Create joint ventures and participate in the production of goods and services thathave export potentialoutside theregion. Finally, launch cr