THE IMPORTANCE OF STATE SUPPORT FOR LOCALIZATION IN COMMODITY PRODUCTION AND THE MEASURES TAKEN IN THIS DIRECTION IN UZBEKISTAN
DOI:
https://doi.org/10.5281/zenodo.17447423Abstract
For any country that has chosen a market economy as its priority, comprehensive support for small business and
entrepreneurship determines the bright future of this country. In achieving this goal, the government should pay special
attention to the policy of localization of production of goods. Deeply realizing the importance of localization of production
of goods, over the past 8 years, Uzbekistan has not only invested significantly in localization, but also implemented
support measures such as subsidies, preferential loans and tax exemptions, and as a result, Uzbekistan's export potential
increased by two and a half times in the period from 2016 to 2023, amounting to $ 24.07 billion [1].
Keywords
Localization, import, export, investment, GDP, tax breaks, soft loansReferences
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