The regional dimension of trade-economic cooperation between Uzbekistan and Russia

Abstract

This study examines the intricate dynamics of trade and economic collaboration between Uzbekistan and Russia within a regional framework. It offers a historical analysis of their relationship from the Soviet era to the contemporary period, and scrutinizes bilateral agreements, trade patterns, and investment trends. Furthermore, it addresses impediments such as geopolitical tensions and regulatory obstacles, while emphasizing opportunities arising from regional integration initiatives like the Eurasian Economic Union (EAEU). By capitalizing on their geographic proximity and complementary strengths, Uzbekistan and Russia have the potential to leverage regional cooperation to advance innovation, connectivity, and inclusive growth. This research expands upon existing scholarly works by providing a more comprehensive understanding of the complexities inherent in the economic partnership between Uzbekistan and Russia, offering insights into the influence of regional dynamics, particularly the role of organizations such as the Eurasian Economic Union, in steering the direction of trade and economic cooperation between these nations. Moreover, it considers the impact of historical legacies and contemporary geopolitical strategies on bilateral relations, and how these factors shape political decisions. The study also examines the potential for economic diversification, technological transfers, energy cooperation, and cultural exchange, emphasizing the prospects for joint initiatives and sustainable development. An interdisciplinary methodology is applied, combining both qualitative and quantitative instruments: the analysis of policy documents, economic indicators, expert assessments, and concrete cases of sectoral partnership. Taking into account the strategic geographical position of both states and their complementary economic interests, the research highlights the opportunities for strengthening regional connectivity, fostering innovation, and broadening mutually beneficial cooperation. This analysis aims to inform policymakers, academics, and business leaders about the potential pathways for sustainable and mutually beneficial economic development in the region.