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Uzbekistan: Investment Climate Statement 2015

Uzbekistan: Investment Climate Statement 2015

Paperback

Business GeneralSocial Movements

ISBN10: 1532888295
ISBN13: 9781532888298
Publisher: Createspace
Published: Apr 23 2016
Pages: 34
Weight: 0.23
Height: 0.07 Width: 8.50 Depth: 11.02
Language: English
The government of Uzbekistan (the government or the GOU) has declared attracting foreign direct investment a core policy priority, but has one of the lowest cumulative inflows of FDI in the former Soviet Bloc due to a range of factors. These include limited access to foreign currency, an underdeveloped and overregulated banking sector, trade restrictions, government involvement in trade and commerce, and widespread corruption.Without support of the government or state-affiliated entities, foreign investors have limited business opportunities in Uzbekistan. The government generally welcomes investors and investment projects that are in line with its import-substitution and export-oriented industrialization policy, and discourages investments in import-consuming sectors by controlling access to currency exchange.

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