Situated in Central Asia, Uzbekistan is a landlocked country experiencing significant economic growth, particularly in the realm of trade. Nonetheless, navigating the trade compliance environment within Uzbekistan can be intricate and dynamic, presenting businesses with various challenges and intricacies to contend with.
The Uzbeki trade landscape, particularly concerning dual-use goods, can be tough to traverse from import licenses to ownership restrictions. Some technical regulations are designed to protect local consumers from unsafe and substandard products. Additionally, corruption plays a role in how easily and quickly goods make their way through customs in the country. Since Uzbekistan is a developing nation, its trade compliance infrastructure lags behind some Asian counterparts.
Uzbekistan is a member of some free trade agreements, including the Commonwealth of Independent States Free Trade Zone (CIS FTZ), helping eliminate tariffs on some goods traded with member states. These free trade agreements aim to offer the region better access to important markets.