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EVOLUTION OF INNOVATIVE DEVELOPMENT OF FOREIGN ECONOMIC ACTIVITY OF THE REPUBLIC OF UZBEKISTAN

Нигора ТалиповаDepartment of International Economy and Business, Tashkent branch of Plekhanov Russian Economic University, UzbekistanLuiza Sayfullovna MakhmutkhodjaevaDepartment of International Economy and Business, Tashkent branch of Plekhanov Russian Economic University, UzbekistanLola KhazratkulovaDepartment of Finance and Business Analytics, Tashkent State University of Economics, Uzbekistan
2022en
ABI

Abstract

The article examines the main stages of the liberalization of foreign economic activity in Uzbekistan, analyzes the features of the formation of a new policy at the present stage of development, characterizing the strengths and weaknesses of each of the stages passed. For this purpose, an overview and generalization of key provisions in the research of leading theoretical schools and directions in the field of foreign economic activity planning, logic and stages of strategic management of this process both at the meso and at the macro level is presented. The scientific novelty of this article lies in the comprehensive study of the theoretical and methodological foundations for the development of foreign economic activity (FEA) in Uzbekistan; theoretical substantiation of the feasibility and identification of specific features of the transition to innovative development of the foreign economic complex in the context of globalization. As a result of the study, the key function of the state in the development of foreign economic activity is revealed, the content side of which is a set of tools that ensure the harmonization of the interaction of methods and regulatory tools, which consists in realizing competitive advantages at the international level, ensuring the country's active participation in the system of world economic relations. In the conclusion, it is concluded that a correctly selected foreign economic policy has created conditions for the growth and development of the economy not only within the framework of the state, but also for the country's entry into world markets.

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