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FOCUS: Journal of International Business
Year : 2023, Volume : 10, Issue : 2
First page : ( 138) Last page : ( 150)
Print ISSN : 2347-4459. Online ISSN : 2395-258X.
Article DOI : 10.17492/jpi.focus.v10i2.1022307

An Analysis of India-Uzbekistan Trade Prospects

Kaur Navjot1

1Assistant Professor, P. G. Department of Economics, Khalsa College, Amritsar, Punjab, India, (E-mail: navjot.sukhmani@gmail.com)

Online Published on 02 February, 2024.

Abstract

Uzbekistan is resource rich, strategically located country that provides wide range of trade and investment opportunities for India. The total trade turnover between the two countries in 2019 was $355.5 million which is much below the coveted target of USD 1 billion. Pharmaceuticals, textile, automotive industry, information technology, infrastructure, education and tourism are the main areas where the two countries can collaborate successfully. Being a part of its extended neighbour, India must play a proactive role in Uzbekistan as well as in other countries of Central Asia, so as to secure its economic, political and strategic interests.

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Keywords

Trade Turnover, Strategic Area, Energy Security, Bilateral Trade, Land Locked.

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