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The American-Uzbekistan Chamber of Commerce (AUCC) seeks to promote trade and investment ties, cultural exchanges and bonds of friendship between the United States of America and the Republic of Uzbekistan. In performing these functions, the AUCC places primary emphasis on serving the needs and interests of its members.

Interview with AUCC Chairperson Carolyn Lamm Before 2012 Uzbekistan-US Annual Business Forum

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World Bank forecasts GDP growth at 4.3% for Uzbekistan in 2021

akipress.com/
6 January 2021

The World Bank forecasts GDP growth for Uzbekistan at 4.3% in 2021 and 4.5% in 2022, according to the Global Economic Prospects released in January 2021.

The regional economy is forecast to expand only moderately in 2021, to 3.3%, as the resurgence of COVID-19 cases causes persistent disruptions to activity. The outlook is predicated on the distribution of an effective vaccine in early in 2021 in advanced economies and major emerging market and developing economies, including Russia, and later in the year for other countries. It also assumes that geopolitical tensions do not re-escalate in the region.

In Central Asia, growth is expected to recover to 3% this year, supported by a modest rise in commodity prices and foreign direct investment as the subregion deepens its integration with China’s Belt and Road Initiative.

The GDP growth for Kazakhstan is forecast at 4% in 2021, at 3.8% for Kyrgyzstan, 3.5% for Tajikistan.