CC BY
17
УДК 08.00.05
Rustamov D.J. student
Tashkent state University of Economics Uzbekistan, Tashkent
Т HE ROLE OF EXPORT POTENTIAL IN ATTRACTING FOREIGN INVESTMENT
Annotation: This article is about foreign direct investment the impact of export potential on the country's economy. They will also consider ways to increase the attractiveness of attracting foreign direct investment in the economy of Uzbekistan.
Key words: digital economy, product, economic activity, economic activity.
Nowadays, Uzbekistan has economic and political relations with foreign countries. Our country is becoming an integral part of the world community.
Current leading today such as Russia, Japan and a number of Southeast Asian countries leading sectors of our economy in cooperation with countries modernization, technical and technological re-equipment, production extensive introduction of innovative technologies is underway.
It is worth noting that the production modernization, localization, development of import-substituting goods production and, of course, most importantly exports, exports of final products expansion of geography, development is the locomotive of reforms is calculated.
Natural resources, agricultural products, the bulk of the labor force location in the regions, attracting foreign investment to the regions through the development of industry, exports, the elimination of unemployment serves as an engine. In the last two years it has provided all the benefits for foreign investors establishment of free economic zones in the regions we can cite as proof of our point.
Ensuring comprehensive and balanced development of the regions, from the existing natural resources, production and labor potential of the regions rational use, optimal placement of productive forces and the living standards and quality of life of the population should be gradually improved. Such their geographical location, climate, history, location to achieve the goals small and family businesses based on factors such as resources attention should be paid to development. These works are clearly and meticulously designed should be done on a program basis.
Competitive, which is in great demand in foreign markets mineral raw materials and agriculture that provide the production of products modern productions on deep processing of economic resources convenient for attracting foreign and domestic investment in the organization creation of conditions, as well as Samarkand, Bukhara, Fergana and Khorezm complex and efficient from the production and resource potential of the regions use, on this basis to create new
jobs and incomes As a continuation of Navoi, Angren and Jizzakh SEZs, "Urgut" of the President of the Republic of Uzbekistan dated January 12, 2017. Establishment of Gijduvan, Kokand and Hazarasp free economic zones decree was issued.
Increasing the investment attractiveness of the regions in our country. The following suggestions can be made for the purpose:
1. More existing economic opportunities in the regions of the country foreign investors with the available opportunities in them by researching the notification system needs to be improved.
2. Based on the analysis of the economic potential of the regions identification of locomotive sectors of the economy;
3. Establishment of development funds in the regions;
4. Improving production infrastructure in rural areas, as well. Their main crops are cotton, silk, leather, wool, fruits and melons, as well as livestock products.
In conclusion, it can be said that diversification in the country organization of competitive production and services, immunity against any possible crises through improvement can be formed. It is currently ready for export own products in the world market by increasing the competitiveness of our products our position can be strengthened. This is the case without foreign investment there is no chance of success. Another contributing factor to this is alienation many of our workers working in the hands as qualified personnel are returning to our country. We are beyond their potential we must not forget to use.
Sources used:
1. Узбекистан Республикаси Статистика кумитасининг 2015-2019 йилдаги маълумотлари. www.stat.uz
2. Sushama Deshmukh [2012], Effect of FDI on Emploment Generation International Referred Research Journal, [Onlaine] p 28.
3. Davies S., Hallett M. (2002). Interactions between National and Regional Development. Hamburg Institute of Regional Economics, Hamburg.
4. Тумусов Ф.С. «Инвестиционный потенциал региона». М.: «Экономика», 1999 й., 13 б.
5. Бутов В.И., Игнатов В.Г., Керова Н.П. Основы региональной экономики. - Ростов на Дону.
