Мой первый журнал ISRS-Journal-АНГЛ - Page 60

ONE WAY, MANY PARTNERS Abbos Bobokhonov, Head of the Department Ministry of Innovation Development of the Republic of Uzbekistan. Annotation The article discusses the main vectors of mutually beneficial cooperation between Uzbekistan and China in the framework of the implementation of the initiative “One Belt, One Road”; parallels between some features of the development strategies of the two countries are drawn. The author analyzes the long-term prospects of cooperation between the Republic of Uzbekistan and the People's Republic of China (PRC) in the context of the results of the International Conference “One Belt, One Road” held in Tashkent on May 14, 2018. The International Forum “One Belt, One Road” (OBOR), held in Beijing on May 14, 2017, opened a new stage in the development of the most ambitious economic project in the history of China. At the same time, the impact of this program, according to the experts, will not be limited to the economy, but will lead to a certain transformation of China's foreign policy. Currently, the promotion of the concept of “OBOR” is the main priority of the Chinese leadership. This huge strategic plan of China envisages the participation of 68 countries covering 30% of global GDP, which indicates the significant potential and scale of this project. Although “OBOR” is a relatively recent initiative, today it has received broad international support. Over the past five years, “OBOR” has gone from launch to a phase of action, as a result, over 100 countries and international organizations have responded positively to the initiative. 69 countries have signed a cooperation agreement with PRC. In addition, during this period, the total volume of China's foreign trade with “OBOR” member countries exceeded 4 trillion dollars; the investments amounted to 60 billion dollars, and 75 zones of foreign economic and trade co- operation 1 were deployed. According to experts, a significant increase in the “circle of friends” of the PRC on “OBOR” demonstrates an increase in the confidence in China as a responsible and authoritative global partner, strengthens its more active role in the international political and economic processes, contributing to the growth of Beijing’s authority. At present, the international situation is undergoing complex and profound changes; the world economy is slowly recovering from the global crisis of the beginning of the century. Under these conditions, the Chinese initiative promotes to the realization of the huge trade, economic, investment, transport and logistics potential of the participating countries, which can drastically change the modern appearance of the entire space of Asia. In addition, the successful implementation of the project will give new impetus to the further expansion of economic cooperation between the “OBOR” member states, namely: a) in BRI offers new opportunities for shared prosperity: China. Daily Times (Pakistan). MAY 18, 2018. https://dailytimes.com.pk/241440/bri-offers- new-opportunities-for-shared-prosperity-china/ 62 1