The ‘Facilitating the process of Uzbekistan’s accession to the WTO’ project was set up to support Uzbekistan's development plans by assisting the country’s decision to integrate into the world economy through membership of the World Trade Organization. The project commenced in February 2020 with funding from the European Union and is implemented by the International Trade Centre (ITC). It is set to run for five-year period.
The guiding objective of the project is to contribute to the economic development of Uzbekistan. The country will be assisted to create a trade environment that conforms with international rules and standards and help it to maintain predictable and enforceable laws and regulations. In this manner the economy will become modernized and integrated into the global economy, and thereby attract investment, create employment and stimulate economic development.
Practically, the Uzbekistan Government will be equipped to draft the documents and develop its negotiating positions as required by the WTO accession process.
The executive and legislative branches will be better informed to develop specific sectoral laws and regulations as needed to comply with Uzbekistan's new international commitments.
Policymakers’ understanding of the WTO accession process and its legal framework will be reinforced.
In this manner the country’s capacity to comply with WTO rules will be developed, notably in the areas of standards, agricultural export requirements and trade facilitation.
In addition, the project will keep the private sector informed about the WTO accession process and its effects and benefits