Мой первый журнал ISRS-Journal-АНГЛ - Page 64

developing economy, Uzbekistan should become the transport and logistics center of Central Asia. In turn, the PRC is ready to act as a unifying bridge between Central and East Asia. Consonance development strategies of the two countries Today, Uzbekistan is implementing step by step its own Development Strategy for 2017– 2021, and we notice the consonance of a whole range of its economic goals with the priorities of implementing the Chinese initiative to the “OBOR”. Uzbekistan is one of the most During the conference, it was noted that the Chinese convenient countries for doing side highly appreciates the efforts of Uzbekistan to carry out business. According to this indicator, it reforms in all sectors of the national economy. From the ranks 11th in the world. Over the past 15 months, conditions for international point of view of the PRC experts, the “Action Strategy on Five trade have been significantly improved. Priority Directions of the Development of the Republic of Cyril Muller, Vice-President of the World Uzbekistan in 2017-2021”, adopted by the Government of Bank. Uzbekistan, plays a special role in this process. According to the Chinese experts, the adoption of the “Action Strategy” was a “big strategic decision” by the Leadership of Uzbekistan. A similar plan exists in China, the priority areas of which identify key tasks such as “reducing poverty in the country and improving the economic well-being of the people.” In this regard, Uzbekistan and China have common interests associated primarily with improving the lives of their people. The implementation of the plans specified in this Strategy will lead the country to a new, higher stage of development, through which Uzbekistan will be transformed into a developed, open and profitable partner, including for China. Yu Xinghue, Secretary of the Shanghai Academy of Social Sciences, said: “We have great prospects for looking at the future of successful implementation of reforms in Uzbekistan. The ongoing positive changes are a clear example of this.” We also noticed that the World Bank announced the “Doing Business-2018” ranking. In terms of business liberalization, Uzbekistan ranked 74th among 190 countries and entered the top ten countries with the fastest development in the world. In this way, according to the data of 2016, Uzbekistan took the 141st place, and in 2017 the 87th place. This indicates a very impressive dynamics over the past two years.” 4 The discussions also noted that the new “openness” policy of Uzbekistan provides a chance for both countries to take advantage of mutual opportunities. Beijing has a huge technological potential that is not inferior to European counterparts. At the same time, Tashkent has serious potential opportunities, it is a high-quality, educated, relatively cheap labor and a favorable investment climate. The participants of the event noted that the implementation of the “Action Strategy” will be a powerful impetus for the progressive development of not only Uzbekistan, but will also serve peace, stability and prosperity of the entire Central Asian region. The current course of the President further strengthens the country's position not only in Central Asia, but also in the international arena as a promising and reliable partner. This dynamic opens up broad opportunities for bringing Uzbek-Chinese relations to a qualitatively new level. The cumulative investment in the framework of the “One belt, One Road” is estimated at huge amounts: from 2 to 3.5 trillion dollars. Over the past five years, Chinese investment in the countries that joined the initiative amounted to about 60 billion dollars. In the coming years, Beijing plans to triple this amount, which opens up great prospects for all participants of the project, including Uzbekistan. According to the Chinese experts, the main task of “OBOR” is to redirect the flow of exports of goods and capital to those countries which in recent years China began to actively develop trade and economic cooperation with, primarily in the countries of Central Asia. Uzbekistan remains interested in further strengthening and expanding multi-faceted economic cooperation with China, especially in the non-raw-materials and technological sectors, and attracting Chinese investment in priority manufacturing sectors of the economy. Speech of the Party Secretary of the Shanghai Academy of Social Sciences Yu Xinghue at the international conference "Uzbekistan and China: prospects for the joint implementation of the" One Belt, One Road " initiative. May 14, 2018, Tashkent. 66 4