SEOUL, January 28 (AJP) - Azizbek Urunov, the Special Representative of the President of Uzbekistan on World Trade Organization (WTO) issues, announced on January 26 that the country will maintain the right to protect specific economic sectors as it enters the final stages of its accession process. This measure is intended to support national industries facing temporary difficulties or pressure from imports while aligning with international trade rules.
The move follows nearly a decade of systemic economic reforms initiated by President Shavkat Mirziyoyev in 2017. While Uzbekistan originally applied for WTO membership in 1994, negotiations only entered an active phase in 2020 after the country liberalized its currency policy, revised foreign trade regulations, and eliminated exclusive rights held by state enterprises to meet global standards.
As a developing nation, Uzbekistan is utilizing WTO provisions that allow member states to implement trade remedies, including anti-dumping, countervailing, and safeguard measures. These tools are designed to prevent unfair competition, such as foreign companies selling products at artificially low prices to dominate the domestic market. Under these rules, developing countries can apply protective measures for up to eight years, and in certain circumstances, up to ten years.
World Bank estimates suggest that WTO membership could increase the gross domestic product of Uzbekistan by approximately 17 percent over the next five to seven years. The country's economy has grown significantly over the last decade, with the gross domestic product rising from 50 billion dollars to approximately 147 billion dollars by the end of 2025.
Accession is also expected to provide Uzbekistan with legal mechanisms to challenge discriminatory trade barriers in Geneva. Urunov noted that the country currently faces obstacles where partners may accept raw materials but restrict the import of processed goods with high added value. Membership would allow these disputes to be settled through the universal principles of the WTO.
"As a developing country, Uzbekistan, in accordance with WTO agreements, retains the right to protect certain sectors of the economy in the event of specific difficulties," Urunov said. "WTO membership sends an international signal that the country’s economy operates under transparent, predictable and investor-friendly rules."
Uzbekistan is currently preparing national specialists to manage these trade protection mechanisms and is drafting new laws to regulate their application. The government aims to complete the final stage of negotiations to support its "Uzbekistan - 2030" development strategy.
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