ENHANCING THE REPUBLIC OF UZBEKISTAN'S FOREIGN ECONOMIC ACTIVITY THROUGH DIGITALIZATION
Keywords:
Uzbekistan, Digitalization, International Trade, Blockchain, Trade Efficiency, Cybersecurity, Global Competitiveness.Abstract
This brief examines the impact of digitalization on the Republic of Uzbekistan's foreign economic activity within the international trade framework. It explores how digital technologies like e-commerce and electronic documentation can streamline trade processes, enhance transparency, and improve global market integration. The study outlines Uzbekistan's digital transformation efforts, including modernizing trade documentation and boosting cybersecurity, while acknowledging challenges such as the need for investment in technology and infrastructure. Strategies for leveraging digitalization include investing in digital infrastructure, enhancing regulatory frameworks, and fostering international partnerships. The paper concludes that digitalization offers a pathway to elevate Uzbekistan's trade efficiency and competitiveness on the global stage.
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