Foreign Direct Investment (Fdi) and Foreign Trade Relationship in Uzbekistan
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Abstract
Foreign Direct Investment (FDI) and trade openness have emerged as critical drivers of economic growth and development for many countries, including Uzbekistan. This paper provides a comprehensive analysis of the relationship between FDI and trade openness in the context of Uzbekistan's economy. Utilizing data from various sources and employing econometric techniques, the paper examines the patterns, trends, and impacts of FDI and trade openness on Uzbekistan's economic performance. The findings suggest that FDI and trade openness play complementary roles in promoting economic growth, enhancing competitiveness, and fostering integration into the global economy. However, challenges and policy implications are also discussed, highlighting the need for effective policy measures to maximize the benefits of FDI and trade openness while addressing associated risks.
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