THE INVESTMENT CLIMATE AND ITS IMPACT ON THE DEVELOPMENT OF FOREIGN TRADE: A CASE STUDY OF UZBEKISTAN
DOI:
https://doi.org/10.5281/zenodo.18401011Keywords:
Investment climate; foreign trade; foreign direct investment; regulatory environment; UzbekistanAbstract
This article explores the role of the investment climate in fostering the development of foreign trade, with a
particular emphasis on Uzbekistan. The study examines the key determinants influencing investment decisions, including
regulatory quality, political and economic stability, and institutional effectiveness. Employing a combination of qualitative
and quantitative research methods—such as a questionnaire-based survey and secondary data analysis—the research
identifies a strong relationship between foreign direct investment inflows and foreign trade performance. The findings
demonstrate that recent reforms and improvements in the investment environment have contributed positively to trade
development; however, further enhancement of institutional efficiency and administrative procedures would help unlock
greater potential. The study underscores the importance of institutional transparency and policy consistency in maximizing
the contribution of investment to sustainable foreign trade growth
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