Economic relations between Uzbekistan and Kazakhstan in the modern era

Аннотация

Uzbekistan and Kazakhstan are the two largest economic partners in Central Asia, and both countries have significant potential for economic development and cooperation in various sectors. The purpose of this scientific article is to examine economic relations between these two Central Asian countries, the role of the Republic of Uzbekistan in this process. The scientific and practical significance of the article is that, it reveals a brief evolution of bilateral economic relations from the 2000s to the present. Historical,event analyses, comparative,inductive, descriptive methods were applied in this research work. The article explores innovative approaches to economic relations between Kazakhstan and Uzbekistan, evaluates the current state of bilateral economic ties, and examines the impact of President of Uzbekistan ShavkatMirziyoyev’s foreign policy initiatives on bilateral economic relations. By comparing the policies of former President of Uzbekistan Islam Karimov and ShavkatMirziyoyev, the author assesses the level of Central Asian integration at present. The author positively indicated not only the growth of bilateral trade turnover but also the joint projects being implemented and progress made in the transport and logistics sector. The scientific work is distinguished by the fact, that it presents new views and empirical approaches to the establishment of economic ties between the regions of Uzbekistan and Kazakhstan, and it can be useful in the activities of specialists in the field of international economic relations and representatives of foreign affairs. Keywords: Uzbekistan, Kazakhstan, bilateral economic relations, bilateral trade turnover, innovative approaches, joint projects.