The IPR indicates that Uzbekistan has made progress in the transition from a centrally planned economy to a market economy. Recognizing that FDI can contribute to growth and development and also ease the transition to a market-based economy and the country´s integration into the world economy, Uzbekistan has welcomed foreign investment.
The report offers the Government of Uzbekistan with 10 recommendations in connection with improving the climate for FDI in order to further boost the country´s attractiveness. The reforms are aimed at achieving regional "best practice" in order to establish Uzbekistan as the prime foreign investment destination in Central Asia.
The recommendations address policy and administration with regard to entry of foreign investment; regulatory and tax policy; measures to improve the competitive provision of business services; and investment promotion issues.
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