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Economy of Uzbekistan

Index Economy of Uzbekistan

Since gaining independence, the has stated that it is committed to a gradual transition to a market-based economy. [1]

95 relations: Agriculture in Uzbekistan, Airplane, Asian Development Bank, Baker Hughes, Black market, Bukhara, Car, Case IH, Chemical substance, China, Coca-Cola, Commonwealth of Independent States, Consumer price index, Copper, Cotton, Currency, Deficit spending, Economic Cooperation Organization, Energy, Energy market, Energy policy of the European Union, Energy security, Europe, European Bank for Reconstruction and Development, European Union, Export, Fitch Ratings, Food processing, Foreign direct investment, Fruit, General Motors, Gini coefficient, Gold, Gross domestic product, Ikat, Inflation, INOGATE, International Centre for Settlement of Investment Disputes, International Crisis Group, International Monetary Fund, Investment, Iran, Irrigation, Japan, Kazakhstan, Kazakhstani tenge, Khiva, Kilowatt hour, Kyrgyzstan, Lead, ..., List of World Heritage Sites in Uzbekistan, Madrid system, Market economy, Metallurgy, Mineral, Mining, Muruntau gold deposit, Namangan, Natural gas, Newmont Mining Corporation, Paris Convention for the Protection of Industrial Property, Patent Cooperation Treaty, Petroleum, Russia, Russian ruble, Samarkand, Silk, South Korea, Southeast Asia, Soviet Union, Sustainable energy, Tajikistan, Tashkent, Texaco, Textile, Tractor, Tungsten, Turkey, Ukraine, Unemployment, UNESCO, United Nations Development Programme, United States, United States dollar, Uranium, Uz-DaewooAuto, Uzbekistan, Uzbekistani soʻm, Vegetable, Westminster International University in Tashkent, Workforce productivity, World Bank, World Intellectual Property Organization, World Trade Organization, Zinc. Expand index (45 more) »

Agriculture in Uzbekistan

Agriculture in Uzbekistan employs 28% of the country's labor force and contributes 24% of its GDP (2006 data).

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Airplane

An airplane or aeroplane (informally plane) is a powered, fixed-wing aircraft that is propelled forward by thrust from a jet engine, propeller or rocket engine.

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Asian Development Bank

The Asian Development Bank (ADB) is a regional development bank established on 19 December 1966, which is headquartered in the Ortigas Center located in the city of Mandaluyong, Metro Manila, Philippines.

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Baker Hughes

Baker Hughes, a GE company (BHGE) is an international industrial service company and one of the world's largest oil field services companies.

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Black market

A black market, underground economy, or shadow economy is a clandestine market or transaction that has some aspect of illegality or is characterized by some form of noncompliant behavior with an institutional set of rules.

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Bukhara

Bukhara (Uzbek Latin: Buxoro; Uzbek Cyrillic: Бухоро) is a city in Uzbekistan.

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Car

A car (or automobile) is a wheeled motor vehicle used for transportation.

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Case IH

Case IH is a brand of agricultural equipment.

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Chemical substance

A chemical substance, also known as a pure substance, is a form of matter that consists of molecules of the same composition and structure.

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China

China, officially the People's Republic of China (PRC), is a unitary one-party sovereign state in East Asia and the world's most populous country, with a population of around /1e9 round 3 billion.

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Coca-Cola

Coca-Cola, or Coke (also Pemberton's Cola at certain Georgian vendors), is a carbonated soft drink produced by The Coca-Cola Company.

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Commonwealth of Independent States

The Commonwealth of Independent States (CIS; r), also nicknamed the Russian Commonwealth (in order to distinguish it from the Commonwealth of Nations), is a political and economic intergovernmental organization of nine member states and one associate member, all of which are former Soviet Republics located in Eurasia (primarily in Central to North Asia), formed following the dissolution of the Soviet Union.

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Consumer price index

A consumer price index (CPI) measures changes in the price level of of and purchased by households.

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Copper

Copper is a chemical element with symbol Cu (from cuprum) and atomic number 29.

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Cotton

Cotton is a soft, fluffy staple fiber that grows in a boll, or protective case, around the seeds of the cotton plants of the genus Gossypium in the mallow family Malvaceae.

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Currency

A currency (from curraunt, "in circulation", from currens, -entis), in the most specific use of the word, refers to money in any form when in actual use or circulation as a medium of exchange, especially circulating banknotes and coins.

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Deficit spending

Deficit spending is the amount by which spending exceeds revenue over a particular period of time, also called simply deficit, or budget deficit; the opposite of budget surplus.

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Economic Cooperation Organization

The Economic Cooperation Organization or ECO is a Eurasian political and economic intergovernmental organization which was founded in 1985 in Tehran by the leaders of Iran, Pakistan and Turkey.

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Energy

In physics, energy is the quantitative property that must be transferred to an object in order to perform work on, or to heat, the object.

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Energy market

Energy markets are commodity markets that deal specifically with the trade and supply of energy.

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Energy policy of the European Union

Although the European Union has legislated in the area of energy policy for many years, the concept of introducing a mandatory and comprehensive European Union energy policy was only approved at the meeting of the informal European Council on 27 October 2005 at Hampton Court.

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Energy security

Energy security is the association between national security and the availability of natural resources for energy consumption.

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Europe

Europe is a continent located entirely in the Northern Hemisphere and mostly in the Eastern Hemisphere.

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European Bank for Reconstruction and Development

The European Bank for Reconstruction and Development (EBRD) is an international financial institution founded in 1991.

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European Union

The European Union (EU) is a political and economic union of EUnum member states that are located primarily in Europe.

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Export

The term export means sending of goods or services produced in one country to another country.

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Fitch Ratings

Fitch Ratings Inc.

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Food processing

Food processing is the transformation of cooked ingredients, by physical or chemical means into food, or of food into other forms.

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Foreign direct investment

A foreign direct investment (FDI) is an investment in the form of a controlling ownership in a business in one country by an entity based in another country.

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Fruit

In botany, a fruit is the seed-bearing structure in flowering plants (also known as angiosperms) formed from the ovary after flowering.

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General Motors

General Motors Company, commonly referred to as General Motors (GM), is an American multinational corporation headquartered in Detroit that designs, manufactures, markets, and distributes vehicles and vehicle parts, and sells financial services.

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Gini coefficient

In economics, the Gini coefficient (sometimes expressed as a Gini ratio or a normalized Gini index) is a measure of statistical dispersion intended to represent the income or wealth distribution of a nation's residents, and is the most commonly used measurement of inequality.

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Gold

Gold is a chemical element with symbol Au (from aurum) and atomic number 79, making it one of the higher atomic number elements that occur naturally.

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Gross domestic product

Gross domestic product (GDP) is a monetary measure of the market value of all final goods and services produced in a period (quarterly or yearly) of time.

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Ikat

Ikat, or ikkat, is a dyeing technique used to pattern textiles that employs resist dyeing on the yarns prior to dyeing and weaving the fabric.

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Inflation

In economics, inflation is a sustained increase in price level of goods and services in an economy over a period of time.

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INOGATE

INOGATE was an international energy co-operation programme between the European Union (EU), the littoral states of the Black and Caspian seas and their neighbouring countries.

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International Centre for Settlement of Investment Disputes

The International Centre for Settlement of Investment Disputes (ICSID) is an international arbitration institution established in 1966 for legal dispute resolution and conciliation between international investors.

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International Crisis Group

The International Crisis Group (ICG; also simply known as the Crisis Group) is a transnational non-profit, non-governmental organization founded in 1995 that carries out field research on violent conflict and advances policies to prevent, mitigate or resolve conflict.

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International Monetary Fund

The International Monetary Fund (IMF) is an international organization headquartered in Washington, D.C., consisting of "189 countries working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1945 at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international payment system.

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Investment

In general, to invest is to allocate money (or sometimes another resource, such as time) in the expectation of some benefit in the future – for example, investment in durable goods, in real estate by the service industry, in factories for manufacturing, in product development, and in research and development.

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Iran

Iran (ایران), also known as Persia, officially the Islamic Republic of Iran (جمهوری اسلامی ایران), is a sovereign state in Western Asia. With over 81 million inhabitants, Iran is the world's 18th-most-populous country. Comprising a land area of, it is the second-largest country in the Middle East and the 17th-largest in the world. Iran is bordered to the northwest by Armenia and the Republic of Azerbaijan, to the north by the Caspian Sea, to the northeast by Turkmenistan, to the east by Afghanistan and Pakistan, to the south by the Persian Gulf and the Gulf of Oman, and to the west by Turkey and Iraq. The country's central location in Eurasia and Western Asia, and its proximity to the Strait of Hormuz, give it geostrategic importance. Tehran is the country's capital and largest city, as well as its leading economic and cultural center. Iran is home to one of the world's oldest civilizations, beginning with the formation of the Elamite kingdoms in the fourth millennium BCE. It was first unified by the Iranian Medes in the seventh century BCE, reaching its greatest territorial size in the sixth century BCE, when Cyrus the Great founded the Achaemenid Empire, which stretched from Eastern Europe to the Indus Valley, becoming one of the largest empires in history. The Iranian realm fell to Alexander the Great in the fourth century BCE and was divided into several Hellenistic states. An Iranian rebellion culminated in the establishment of the Parthian Empire, which was succeeded in the third century CE by the Sasanian Empire, a leading world power for the next four centuries. Arab Muslims conquered the empire in the seventh century CE, displacing the indigenous faiths of Zoroastrianism and Manichaeism with Islam. Iran made major contributions to the Islamic Golden Age that followed, producing many influential figures in art and science. After two centuries, a period of various native Muslim dynasties began, which were later conquered by the Turks and the Mongols. The rise of the Safavids in the 15th century led to the reestablishment of a unified Iranian state and national identity, with the country's conversion to Shia Islam marking a turning point in Iranian and Muslim history. Under Nader Shah, Iran was one of the most powerful states in the 18th century, though by the 19th century, a series of conflicts with the Russian Empire led to significant territorial losses. Popular unrest led to the establishment of a constitutional monarchy and the country's first legislature. A 1953 coup instigated by the United Kingdom and the United States resulted in greater autocracy and growing anti-Western resentment. Subsequent unrest against foreign influence and political repression led to the 1979 Revolution and the establishment of an Islamic republic, a political system that includes elements of a parliamentary democracy vetted and supervised by a theocracy governed by an autocratic "Supreme Leader". During the 1980s, the country was engaged in a war with Iraq, which lasted for almost nine years and resulted in a high number of casualties and economic losses for both sides. According to international reports, Iran's human rights record is exceptionally poor. The regime in Iran is undemocratic, and has frequently persecuted and arrested critics of the government and its Supreme Leader. Women's rights in Iran are described as seriously inadequate, and children's rights have been severely violated, with more child offenders being executed in Iran than in any other country in the world. Since the 2000s, Iran's controversial nuclear program has raised concerns, which is part of the basis of the international sanctions against the country. The Joint Comprehensive Plan of Action, an agreement reached between Iran and the P5+1, was created on 14 July 2015, aimed to loosen the nuclear sanctions in exchange for Iran's restriction in producing enriched uranium. Iran is a founding member of the UN, ECO, NAM, OIC, and OPEC. It is a major regional and middle power, and its large reserves of fossil fuels – which include the world's largest natural gas supply and the fourth-largest proven oil reserves – exert considerable influence in international energy security and the world economy. The country's rich cultural legacy is reflected in part by its 22 UNESCO World Heritage Sites, the third-largest number in Asia and eleventh-largest in the world. Iran is a multicultural country comprising numerous ethnic and linguistic groups, the largest being Persians (61%), Azeris (16%), Kurds (10%), and Lurs (6%).

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Irrigation

Irrigation is the application of controlled amounts of water to plants at needed intervals.

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Japan

Japan (日本; Nippon or Nihon; formally 日本国 or Nihon-koku, lit. "State of Japan") is a sovereign island country in East Asia.

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Kazakhstan

Kazakhstan (Qazaqstan,; kəzɐxˈstan), officially the Republic of Kazakhstan (Qazaqstan Respýblıkasy; Respublika Kazakhstan), is the world's largest landlocked country, and the ninth largest in the world, with an area of.

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Kazakhstani tenge

The tenge (Ten’ge; тенге) is the currency of Kazakhstan.

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Khiva

Khiva (Xiva/Хива, خىۋا; خیوه,; alternative or historical names include Khorasam, Khoresm, Khwarezm, Khwarizm, Khwarazm, Chorezm, and خوارزم) is a city of approximately 50,000 people located in Xorazm Region, Uzbekistan.

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Kilowatt hour

The kilowatt hour (symbol kWh, kW⋅h or kW h) is a unit of energy equal to 3.6 megajoules.

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Kyrgyzstan

The Kyrgyz Republic (Kyrgyz Respublikasy; r; Қирғиз Республикаси.), or simply Kyrgyzstan, and also known as Kirghizia (Kyrgyzstan; r), is a sovereign state in Central Asia.

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Lead

Lead is a chemical element with symbol Pb (from the Latin plumbum) and atomic number 82.

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List of World Heritage Sites in Uzbekistan

This is a list of World Heritage Sites in Uzbekistan with properties of cultural and natural heritage in Uzbekistan as inscribed in UNESCO's World Heritage List or as on the country's tentative list.

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Madrid system

The Madrid system (officially the Madrid system for the international registration of marks) is the primary international system for facilitating the registration of trademarks in multiple jurisdictions around the world.

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Market economy

A market economy is an economic system in which the decisions regarding investment, production, and distribution are guided by the price signals created by the forces of supply and demand.

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Metallurgy

Metallurgy is a domain of materials science and engineering that studies the physical and chemical behavior of metallic elements, their inter-metallic compounds, and their mixtures, which are called alloys.

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Mineral

A mineral is a naturally occurring chemical compound, usually of crystalline form and not produced by life processes.

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Mining

Mining is the extraction of valuable minerals or other geological materials from the earth, usually from an orebody, lode, vein, seam, reef or placer deposit.

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Muruntau gold deposit

The Muruntau gold deposit is situated in the Kyzyl Kum Desert of Uzbekistan.

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Namangan

Namangan (also in Наманган) is a city in eastern Uzbekistan.

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Natural gas

Natural gas is a naturally occurring hydrocarbon gas mixture consisting primarily of methane, but commonly including varying amounts of other higher alkanes, and sometimes a small percentage of carbon dioxide, nitrogen, hydrogen sulfide, or helium.

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Newmont Mining Corporation

Newmont Mining Corporation, based in Greenwood Village, Colorado, USA, is a mining company that traces its roots to the diversified holding company William Boyce Thompson established in 1916.

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Paris Convention for the Protection of Industrial Property

The Paris Convention for the Protection of Industrial Property, signed in Paris, France, on 20 March 1883, was one of the first intellectual property treaties.

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Patent Cooperation Treaty

The Patent Cooperation Treaty (PCT) is an international patent law treaty, concluded in 1970.

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Petroleum

Petroleum is a naturally occurring, yellow-to-black liquid found in geological formations beneath the Earth's surface.

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Russia

Russia (rɐˈsʲijə), officially the Russian Federation (p), is a country in Eurasia. At, Russia is the largest country in the world by area, covering more than one-eighth of the Earth's inhabited land area, and the ninth most populous, with over 144 million people as of December 2017, excluding Crimea. About 77% of the population live in the western, European part of the country. Russia's capital Moscow is one of the largest cities in the world; other major cities include Saint Petersburg, Novosibirsk, Yekaterinburg and Nizhny Novgorod. Extending across the entirety of Northern Asia and much of Eastern Europe, Russia spans eleven time zones and incorporates a wide range of environments and landforms. From northwest to southeast, Russia shares land borders with Norway, Finland, Estonia, Latvia, Lithuania and Poland (both with Kaliningrad Oblast), Belarus, Ukraine, Georgia, Azerbaijan, Kazakhstan, China, Mongolia and North Korea. It shares maritime borders with Japan by the Sea of Okhotsk and the U.S. state of Alaska across the Bering Strait. The East Slavs emerged as a recognizable group in Europe between the 3rd and 8th centuries AD. Founded and ruled by a Varangian warrior elite and their descendants, the medieval state of Rus arose in the 9th century. In 988 it adopted Orthodox Christianity from the Byzantine Empire, beginning the synthesis of Byzantine and Slavic cultures that defined Russian culture for the next millennium. Rus' ultimately disintegrated into a number of smaller states; most of the Rus' lands were overrun by the Mongol invasion and became tributaries of the nomadic Golden Horde in the 13th century. The Grand Duchy of Moscow gradually reunified the surrounding Russian principalities, achieved independence from the Golden Horde. By the 18th century, the nation had greatly expanded through conquest, annexation, and exploration to become the Russian Empire, which was the third largest empire in history, stretching from Poland on the west to Alaska on the east. Following the Russian Revolution, the Russian Soviet Federative Socialist Republic became the largest and leading constituent of the Union of Soviet Socialist Republics, the world's first constitutionally socialist state. The Soviet Union played a decisive role in the Allied victory in World War II, and emerged as a recognized superpower and rival to the United States during the Cold War. The Soviet era saw some of the most significant technological achievements of the 20th century, including the world's first human-made satellite and the launching of the first humans in space. By the end of 1990, the Soviet Union had the world's second largest economy, largest standing military in the world and the largest stockpile of weapons of mass destruction. Following the dissolution of the Soviet Union in 1991, twelve independent republics emerged from the USSR: Russia, Ukraine, Belarus, Kazakhstan, Uzbekistan, Armenia, Azerbaijan, Georgia, Kyrgyzstan, Moldova, Tajikistan, Turkmenistan and the Baltic states regained independence: Estonia, Latvia, Lithuania; the Russian SFSR reconstituted itself as the Russian Federation and is recognized as the continuing legal personality and a successor of the Soviet Union. It is governed as a federal semi-presidential republic. The Russian economy ranks as the twelfth largest by nominal GDP and sixth largest by purchasing power parity in 2015. Russia's extensive mineral and energy resources are the largest such reserves in the world, making it one of the leading producers of oil and natural gas globally. The country is one of the five recognized nuclear weapons states and possesses the largest stockpile of weapons of mass destruction. Russia is a great power as well as a regional power and has been characterised as a potential superpower. It is a permanent member of the United Nations Security Council and an active global partner of ASEAN, as well as a member of the G20, the Shanghai Cooperation Organisation (SCO), the Council of Europe, the Asia-Pacific Economic Cooperation (APEC), the Organization for Security and Co-operation in Europe (OSCE), and the World Trade Organization (WTO), as well as being the leading member of the Commonwealth of Independent States (CIS), the Collective Security Treaty Organization (CSTO) and one of the five members of the Eurasian Economic Union (EEU), along with Armenia, Belarus, Kazakhstan and Kyrgyzstan.

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Russian ruble

The Russian ruble or rouble (рубль rublʹ, plural: рубли́ rubli; sign: ₽, руб; code: RUB) is the currency of the Russian Federation, the two partially recognized republics of Abkhazia and South Ossetia and the two unrecognized republics of Donetsk and Luhansk.

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Samarkand

Samarkand (Uzbek language Uzbek alphabet: Samarqand; سمرقند; Самарканд; Σαμαρκάνδη), alternatively Samarqand, is a city in modern-day Uzbekistan and is one of the oldest continuously inhabited cities in Central Asia.

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Silk

Silk is a natural protein fiber, some forms of which can be woven into textiles.

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South Korea

South Korea, officially the Republic of Korea (대한민국; Hanja: 大韓民國; Daehan Minguk,; lit. "The Great Country of the Han People"), is a country in East Asia, constituting the southern part of the Korean Peninsula and lying east to the Asian mainland.

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Southeast Asia

Southeast Asia or Southeastern Asia is a subregion of Asia, consisting of the countries that are geographically south of China, east of India, west of New Guinea and north of Australia.

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Soviet Union

The Soviet Union, officially the Union of Soviet Socialist Republics (USSR) was a socialist state in Eurasia that existed from 1922 to 1991.

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Sustainable energy

Sustainable energy is energy that is consumed at insignificant rates compared to its supply and with manageable collateral effects, especially environmental effects.

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Tajikistan

Tajikistan (or; Тоҷикистон), officially the Republic of Tajikistan (Ҷумҳурии Тоҷикистон, Jumhuriyi Tojikiston), is a mountainous, landlocked country in Central Asia with an estimated population of million people as of, and an area of.

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Tashkent

Tashkent (Toshkent, Тошкент, تاشكېنت,; Ташкент) is the capital and largest city of Uzbekistan, as well as the most populated city in Central Asia with a population in 2012 of 2,309,300.

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Texaco

Texaco, Inc. ("The Texas Company") is an American oil subsidiary of Chevron Corporation.

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Textile

A textile is a flexible material consisting of a network of natural or artificial fibres (yarn or thread).

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Tractor

A tractor is an engineering vehicle specifically designed to deliver at a high tractive effort (or torque) at slow speeds, for the purposes of hauling a trailer or machinery used in agriculture or construction.

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Tungsten

Tungsten, or wolfram, is a chemical element with symbol W (referring to wolfram) and atomic number 74.

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Turkey

Turkey (Türkiye), officially the Republic of Turkey (Türkiye Cumhuriyeti), is a transcontinental country in Eurasia, mainly in Anatolia in Western Asia, with a smaller portion on the Balkan peninsula in Southeast Europe.

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Ukraine

Ukraine (Ukrayina), sometimes called the Ukraine, is a sovereign state in Eastern Europe, bordered by Russia to the east and northeast; Belarus to the northwest; Poland, Hungary, and Slovakia to the west; Romania and Moldova to the southwest; and the Black Sea and Sea of Azov to the south and southeast, respectively.

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Unemployment

Unemployment is the situation of actively looking for employment but not being currently employed.

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UNESCO

The United Nations Educational, Scientific and Cultural Organization (UNESCO; Organisation des Nations unies pour l'éducation, la science et la culture) is a specialized agency of the United Nations (UN) based in Paris.

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United Nations Development Programme

The United Nations Development Programme (UNDP) is the United Nations' global development network.

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United States

The United States of America (USA), commonly known as the United States (U.S.) or America, is a federal republic composed of 50 states, a federal district, five major self-governing territories, and various possessions.

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United States dollar

The United States dollar (sign: $; code: USD; also abbreviated US$ and referred to as the dollar, U.S. dollar, or American dollar) is the official currency of the United States and its insular territories per the United States Constitution since 1792.

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Uranium

Uranium is a chemical element with symbol U and atomic number 92.

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Uz-DaewooAuto

Uz-DaewooAuto (Uzbek: O'z-DeuAvto) was a joint venture founded in 1992 between the Uzbek state owned UzAvtosanoat.

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Uzbekistan

Uzbekistan, officially also the Republic of Uzbekistan (Oʻzbekiston Respublikasi), is a doubly landlocked Central Asian Sovereign state.

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Uzbekistani soʻm

The soʻm (soʻm in Latin script, сўм in Cyrillic script) is the currency of Uzbekistan in Central Asia.

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Vegetable

Vegetables are parts of plants that are consumed by humans as food as part of a meal.

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Westminster International University in Tashkent

Westminster International University in Tashkent (WIUT) is Uzbekistan's first international university.

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Workforce productivity

Workforce productivity is the amount of goods and services that a worker produces in a given amount of time.

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World Bank

The World Bank (Banque mondiale) is an international financial institution that provides loans to countries of the world for capital projects.

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World Intellectual Property Organization

The World Intellectual Property Organization (WIPO) is one of the 15 specialized agencies of the United Nations (UN).

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World Trade Organization

The World Trade Organization (WTO) is an intergovernmental organization that regulates international trade.

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Zinc

Zinc is a chemical element with symbol Zn and atomic number 30.

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Banking in Uzbekistan, Economy of uzbekistan, Energy policy of Uzbekistan, Mining in Uzbekistan, Natural resources of Ukbekistan, Oil industry in Uzbekistan, Uzbekistan/Economy, Uzbekistani economy.

References

[1] https://en.wikipedia.org/wiki/Economy_of_Uzbekistan

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