Management and Economics | Open Access | DOI: https://doi.org/10.37547/tajmei/Volume07Issue11-06

Regulatory Transformations In Turkey’s Foreign Trade Policy: Opportunities And Implications For Uzbekistan

Soliev Abdumajid Jabbor og'li , 2nd year in a master's degree at Tashkent State University of Oriental Studies, Uzbekistan

Abstract

The regulation of foreign trade plays a decisive and multifaceted role in shaping the economic architecture of modern states, profoundly influencing trade volumes, investment dynamics, and the overall trajectory of economic stability and growth. In this context, the present study provides a comprehensive analysis of the evolving framework of foreign trade regulation in Turkey and its broader implications for Uzbekistan. The article explores in detail the mechanisms of Turkey’s customs policy, the development of special economic zones, the implementation of free trade agreements, and the progressive transformation of the national regulatory environment. It further investigates how these policy shifts affect Uzbekistan’s trade environment, investment attractiveness, and participation in regional economic networks. The study’s findings reveal that Turkey’s dynamic and reform-orientated approach to trade regulation generates both significant opportunities and complex challenges for Uzbekistan. Consequently, the research underscores the necessity of strategic alignment and adaptive policy measures aimed at strengthening bilateral economic cooperation, enhancing competitiveness, and fostering sustainable trade relations between the two nations in the context of regional and global economic integration.

Keywords

Turkey, Uzbekistan, foreign trade regulation

References

World Trade Organization (WTO). Trade Policy Review: Turkey 2023. Geneva: WTO Publications, 2023.

Ministry of Trade of the Republic of Turkey. Annual Report on Turkey’s Foreign Trade Policy 2024. Ankara: Government of Turkey, 2024.

European Commission. EU–Turkey Customs Union: Evaluation and Future Prospects. Brussels: European Commission, 2022.

United Nations Conference on Trade and Development (UNCTAD). World Investment Report 2023: Investment in Sustainable Recovery. New York and Geneva: United Nations, 2023.

Organisation for Economic Co-operation and Development (OECD). Economic Surveys: Turkey 2023. Paris: OECD Publishing, 2023.

International Monetary Fund (IMF). Republic of Turkey: Staff Report for the 2024 Article IV Consultation. Washington, DC: IMF, 2024.

Turkish Exporters Assembly (TIM). Turkey Export Outlook 2024: Trends, Sectors, and Policy Recommendations. Istanbul: TIM Publications, 2024.

World Bank. Connecting to Compete 2023: Trade Logistics in the Global Economy. Washington, DC: World Bank Group, 2023.

United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP). Regional Integration and Trade Facilitation in Central Asia. Bangkok: UNESCAP, 2022.

Republic of Uzbekistan Ministry of Investments, Industry and Trade. Uzbekistan–Turkey Economic Cooperation Report 2024. Tashkent: Government of Uzbekistan, 2024.

Balassa, B. The Theory of Economic Integration. London: Routledge, 2011 (Original work published 1961).

Krugman, P. R., & Obstfeld, M. International Economics: Theory and Policy. 11th ed. New York: Pearson, 2022.

Çelik, A., & Yıldırım, S. “Trade Liberalization and Structural Transformation in Turkey: A Policy Analysis.” Journal of International Trade and Economic Development, vol. 31, no. 7, 2022, pp. 945–967.

Karimov, A., & Turaev, B. “Regional Economic Cooperation between Turkey and Central Asia: New Dynamics and Strategic Perspectives.” Central Asian Economic Review, vol. 12, no. 2, 2023, pp. 45–61.

Rodrik, D. The Globalization Paradox: Democracy and the Future of the World Economy. New York: W.W. Norton & Company, 2018.

Copyright License

Download Citations

How to Cite

Soliev Abdumajid Jabbor og'li. (2025). Regulatory Transformations In Turkey’s Foreign Trade Policy: Opportunities And Implications For Uzbekistan. The American Journal of Management and Economics Innovations, 7(11), 44–49. https://doi.org/10.37547/tajmei/Volume07Issue11-06