EFFECT OF ELECTRONIC COMMERCE ON THE DEVELOPMENT OF UZBEKISTAN'S FOREIGN TRADE
Keywords:
: e-commerce, foreign trade, digital economy, export diversification, internet trading platformsAbstract
The rapid development of digital technologies has significantly changed global trade, introducing new models such as electronic commerce (e-commerce). Uzbekistan, a landlocked country in Central Asia, is adopting e-commerce as an important tool for promoting foreign trade. This article examines the transformative impact of e-commerce on Uzbekistan's foreign trade, including its contribution to export diversification, market expansion, and trade efficiency. The analysis also identifies persistent challenges such as infrastructure gaps, regulatory constraints, and limited awareness of e-commerce, while suggesting comprehensive strategies for harnessing the full potential of e-commerce for economic growth.
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References
1. Government of Uzbekistan. (2023). Digital Uzbekistan 2030 strategy.
2. United Nations Conference on Trade and Development (UNCTAD). (2022). Digital economy report.
3. World Bank. (2023). Uzbekistan: Ways to diversify the economy.
4. Asian Development Bank (ADB). (2023). E-commerce in Central Asia: opportunities and challenges.
5. OECD. (2022). Leveraging Digital Commerce for Development in Transition Economies.
