MAIN TRENDS IN FOREIGN TRADE RELATIONS OF UZBEKISTAN WITH THE COUNTRIES OF THE EURASIAN ECONOMIC UNION

Abstract

This article analyzes the key directions and dynamics of the foreign trade relations of the Republic of Uzbekistan with the member states of the Eurasian Economic Union (EAEU) during the period from 2020 to 2024. Based on statistical data and expert assessments, it examines trade turnover volumes, the structure of exports and imports, and the role of individual EAEU countries - Russia, Kazakhstan, Belarus, and Kyrgyzstan - in shaping Uzbekistan’s external economic strategy. Particular attention is paid to the impact of Uzbekistan’s observer status in the EAEU on the deepening of economic integration, as well as the prospects for expanding cooperation in industry, the agro-industrial complex, and logistics. The study emphasizes the importance of Uzbekistan’s multi-vector approach to foreign economic policy and evaluates the potential benefits of further convergence with the EAEU amid global challenges and regional transformation.