Global India business forum presented honorary membership to H.E.Dilshod AKHATOV Ambassador
Extraordinary & Plenipotentiary of the Republic of Uzbekistan.
Ambassador and Consul General
INDIA - UZBEKISTAN BUSINESS & CULTURAL COUNCIL
The Global India Business Forum (GIBF) team met H. E. Sardor Mirzayusupovich Rustambaev,
the newly-appointed Ambassador Extraordinary and Plenipotentiary of the Republic of
Uzbekistan to the Republic of India and presented GIBF’s Honorary Membership memento to
him. On behalf of GIBF, Founder and Global President, Dr. Jitendra Joshi and Co-founder and
Secretary, General Deepali Gadkari presented the memento and shared about GIBF’s initiatives
in promoting the MSME sector worldwide through various activities, thus aiding in uplifting the
global economies. They also informed him about the formation of business and cultural councils
between India and other countries to promote trade and cultural relations. The ambassador
accepted the honorary membership and assured complete cooperation in GIBF’s endeavours and
collaboration. The India-Uzbekistan Business and Cultural Council has already been formed by
GIBF and the former ambassador, H.E. Dilshod Akhatov.
Oil, natural gas, gold, cotton, machines and equipment, and food.
Machines and equipment, chemical products, food and metals.
ABOUT
ABOUT UZBEKISTAN
Uzbekistan is a Central Asian nation and former Soviet republic. It's known for its
mosques, mausoleums and other sites linked to the Silk Road, the ancient trade route
between China and the Mediterranean. Samarkand, a major city on the route, contains a
landmark of Islamic architecture: the Registan, a plaza bordered by 3 ornate,
mosaic-covered religious schools dating to the 15th and 17th centuries.
BUSINESS OPPORTUNITIES
BUSINESS OPPORTUNITIES IN UZBEKISTAN
As per the ease of doing business report by World Bank, Uzbekistan is one of the easiest places
in the world to start a business. The following are some of the sectors where foreign investors
could start a business –
Banking, Education, Tourism, Food Processing and Packaging, Construction, ICT, Chemical
industry.
EXPORTS AND IMPORTS IN UZBEKISTAN
In 2020, Uzbekistan was the number 79 economy in the world in terms of GDP (current
US$), the number 77 in total exports, the number 73 in total imports, the number 155
economy in terms of GDP per capita (current US$) and the number 84 most complex economy
according to the Economic Complexity Index (ECI).
TOP EXPORTS OF UZBEKISTAN
The country mainly exports of Uzbekistan are gold ($6.52B), non-retail pure cotton yarn
($936M), petroleum gas ($631M), refined copper ($587M), and ethylene polymers ($281M) to
United Kingdom ($6.06B), Russia ($1.74B), China ($1.29B), uzbekistan ($1.01B), and
Kyrgyzstan ($757M).
TOP IMPORTS OF UZBEKISTAN
Uzbekistans major imports include vehicle parts ($933M), packaged medicaments ($925M),
wheat ($598M), refined petroleum ($573M), and cars ($475M) mostly from China ($4.88B),
Russia ($4.29B), Kazakhstan ($2.14B), South Korea ($1.85B), and uzbekistan ($1.18B).
