Published June 20, 2023 | Version v1
Journal article Open

PROSPECTS OF UZBEKISTAN FROM MUTUAL TRADE WITH MIDDLE EAST STATES

  • 1. Student of the University of World Economy and Diplomacy, Tashkent city, Uzbekistan.

Description

Abstract: The article explores the prospects of Uzbekistan's mutual trade with Middle East states using the Gravity Model of international trade. The Gravity model  is a statistical model used to predict the flow of trade between countries based on the 
size  of  their  economies  and  the  distance  between  them.  The  article  discusses  the  potential opportunities and challenges for Uzbekistan in its trade with the Middle East,  and provides comprehensive and practical suggestions to boost mutual trade with the 
Middle East by analysing the Gravity model of trade. The article also examines the role  of regional trade agreements, regime of ‘most favored nation’ and common religion in shaping the future of mutual trade between Uzbekistan and the Middle East. 

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