Uzbekistan has a population of 30 Million and is neighbour to Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Afghanistan. It is a land-locked country with desert-continental climate. Agriculture depends on irrigation and artificial reservoirs due to low rainfall.
Since the mid-2000s, Uzbekistan has enjoyed robust GDP growth, thanks to favorable trade terms for its key export commodities (copper, gold, natural gas, cotton). Uzbekistan has rich deposits of precious, non-ferrous and rare metals, all types of organic fuel including oil, natural and condensed gas, brown coal, oil-shale and uranium. Uzbekistan holds leading places in confirmed deposits of gold, uranium, copper, natural gas, wolfram, potash salts, phosphorites and kaolines. By gold reserves the country holds the fourth place in the world. By copper reserves it is the tenth and by uranium reserves the seventh in the world.
Uzbekistan government has succeeded in it’s transition to a more market-oriented economy. According to international statistics Uzbekistan has moved up 10 positions in the global Ease of Doing Business rankings compared to last year. Uzbekistan has had limited exposure to international financial markets that has protected it from the economic downturn. Uzbekistan is currently self-sufficient in both food grains and energy.
Overall growth for Uzbekistan is projected to continue at around 7 to 8 percent annually during 2011-14, supported by net exports and new investments.
Uzbekistan has a government program to become an industrialized, high middle-income country by 2050. Growth and diversification of local industries and businesses are encouraged.
Special attention is paid to improving the energy, transport and irrigation infrastructure.
Technologies to prevent air and water pollution are in need.
Uzbekistan aims to develop and modernize the key local industries. This includes especially agriculture and food processing, petrochemical industries, mining industry and foundries, and textile industry (especially based on cotton).
Improving health care, disease prevention and disease and injury treatment are given prime attention in the country.