• KGS/USD = 0.01174 -0.85%
  • KZT/USD = 0.00204 0%
  • TJS/USD = 0.09376 -0.32%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01174 -0.85%
  • KZT/USD = 0.00204 0%
  • TJS/USD = 0.09376 -0.32%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01174 -0.85%
  • KZT/USD = 0.00204 0%
  • TJS/USD = 0.09376 -0.32%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01174 -0.85%
  • KZT/USD = 0.00204 0%
  • TJS/USD = 0.09376 -0.32%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01174 -0.85%
  • KZT/USD = 0.00204 0%
  • TJS/USD = 0.09376 -0.32%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01174 -0.85%
  • KZT/USD = 0.00204 0%
  • TJS/USD = 0.09376 -0.32%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01174 -0.85%
  • KZT/USD = 0.00204 0%
  • TJS/USD = 0.09376 -0.32%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01174 -0.85%
  • KZT/USD = 0.00204 0%
  • TJS/USD = 0.09376 -0.32%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
09 October 2024

Viewing results 1 - 6 of 6

Uzbekistan Concludes WTO Membership Talks With 18 Countries

According to a report issued by Azizbek Urunov, President Special Representative on International Trade, Uzbekistan has now completed negotiations on membership of the World Trade Organization (WTO) with 18 countries. Negotiations with Argentina closed on September 13, and protocols on finalizing market access negotiations have been signed with 14 of the 18 member countries, including Brazil and Sri Lanka. Posting on LinkedIn on September 12, Urunov wrote: "In the margins of the WTO Public Forum, we had signing ceremonies with the participation of DPM Jamshid Khodjaev, DDG Xiangchen Zhang, and ex-DDG Alan Wolff. The Uzbek delegation, led by Madam Saida Mirziyoyeva, is participating in the 2024 WTO Public Forum in Geneva." After pursuing its goal for almost 30 years, Uzbekistan seeks further support from the U.S. support to join the World Trade Organization. To date, the U.S. has provided some technical help, and during a recent visit, U.S. Trade Representative Katherine Tai reaffirmed America’s support.  However, to forward progress and strengthen trade ties, Uzbekistan could benefit from greater involvement from such U.S. institutions as the Development Finance Corporation (DFC), Export-Import Bank (EXIM), and the U.S. Trade and Development Agency (USTDA). Following a meeting with Katherine Tai during her visit to Uzbekistan in June, Uzbekistan’s Presidential Assistant, Saida Mirziyoyeva stated,  “We intend to become a full-fledged participant in the international trade system and rely on the support of the United States to accelerate the process of Uzbekistan becoming a member of the WTO." For background, Uzbekistan initiated the process of joining the WTO in 1994 before abandoning it 2005. In 2019, the country strengthened its efforts to become a member of the WTO, and on July 7, 2020, the joint working group was restored.

U.S. Think Tank Calls on American Politicians to Make Uzbekistan a Valued Partner

Daniel Runde, a senior vice-president at the Washington, D.C.-based think tank the Center for Strategic and International Studies (CSIS), has called on American politicians to strengthen the U.S.'s relations with Uzbekistan. He believes that Uzbekistan, a key partner for the United States in Central Asia, deserves more attention from the West. With Russia’s invasion of Ukraine and growing competition with China, the U.S. could strengthen ties with Uzbekistan to promote regional stability and counterbalance Russian and Chinese influence. “Uzbekistan seeks more engagement with the United States through bilateral efforts and the “C5+1” (the five Central Asian countries plus the United States) diplomatic platform. We might never become Uzbekistan’s best friend. However, we could become better and more reliable friends. Uzbekistan has five bordering countries, and at one point in the early 2000s, it considered the United States its ‘sixth neighbor,’” Runde mentioned. “When the U.S. government was active in Afghanistan, we supported Uzbekistan’s efforts to develop its economy and invest in its security. With our disengagement from Afghanistan, we need to look at Uzbekistan as the valued partner that it could be and re-engage. We should work towards the day that Uzbekistan considers the United States its ‘sixth neighbor’ again.” According to Runde, there are several goals that the US could assist Uzbekistan in achieving. While some are significantly more difficult to handle, others are relatively straightforward: 1) Uzbekistan wants U.S. support to join the World Trade Organization (WTO), a goal it has pursued for almost 30 years. The U.S. has provided some technical help, and during a recent visit, U.S. Trade Representative Katherine Tai reaffirmed America’s support. For further progress, Uzbekistan could benefit from greater involvement from U.S. institutions like the Development Finance Corporation (DFC), Export-Import Bank (EXIM), and U.S. Trade and Development Agency (USTDA) to strengthen trade ties with the U.S. 2) Uzbekistan and other Central Asian countries want the U.S. to repeal the Jackson-Vanik Amendment, which restricts regular trade with them. This amendment, initially targeting Soviet-era policies, is now outdated and seen as disrespectful, as it treats these nations as if they are still part of the Soviet Union. Repealing it would show that the U.S. respects their independence and is ready to treat them as equal partners. “Jackson-Vanik now restricts normal trade relations with several existing and former nonmarket economies, including Uzbekistan. For countries like Uzbekistan, Jackson-Vanik is a sign of disrespect that encourages them to take their business to China, Russia, Turkey, or the Gulf,” Runde argues. 3) He notes that many developing countries, including Uzbekistan, would like to see Congress successfully renew the Generalized System of Preferences (GSP), a trade preference program. “The GSP benefited many developing countries by providing duty-free treatment for their products. With the absence of this program, trade volumes between Uzbekistan and the United States have not been as impressive as they might have been. Compare U.S. trade with Uzbekistan and Uzbekistan’s trade with China, Russia, or the EU. The lapse of the U.S. GSP has had a real impact on our influence...

Turkmenistan Officials in Georgia to Prepare for WTO Application

A delegation from Turkmenistan has arrived in the Georgian capital of Tbilisi on a study visit to research the best practices for accession to the World Trade Organization (WTO), and promotion of national trade policy. This was reported by the state media agency Turkmenportal. The visit, organized by the OSCE Centre in Ashgabat, will reportedly last from 27 to 31 May. The delegation includes representatives of the Ministry of Finance and Economy, Ministry of Justice,  the Central Bank, and the State Customs Service. Meetings have been held with Georgia's Ministry of Economy and Sustainable Development, Ministry of Foreign Affairs, Tax Service, and Customs Department.

Uzbekistan Moving Closer Towards WTO Membership

Uzbekistan is accelerating its efforts to join the World Trade Organization (WTO). “Uzbekistan remains steadfast in its commitment to joining the World Trade Organization, and we are diligently exerting every possible effort to make meaningful progress,” the country's deputy prime minister Jamshid Khodjaev has said. Khodjaev is also the chair of Uzbekistan's commission on WTO accession. The South Korean ambassador to the United Nations and other international organizations in Geneva, Yun Seong Deok, is a prominent supporter of the country's move towards WTO membership, commenting that “the tone of engagement on both bilateral and multilateral tracks has improved substantially.” Since the commission's seventh meeting, Uzbekistan had adopted several legal acts to align its trade regime with WTO rules in various areas, including on state duties for company registration, intellectual property rights, technical barriers to trade, sanitary and phytosanitary measures, and customs valuation.

Afghanistan still fails to take advantage of WTO membership

KABUL (TCA) — Afghanistan obtained World Trade Organization membership one year ago, but no one has so far been appointed to represent the country at the organization, TOLOnews agency reports. Continue reading

Afghanistan becomes WTO member

KABUL (TCA) — Today, July 29, Afghanistan has become the 164th member of the World Trade Organization (WTO). Continue reading