The Middle Corridor is an Opportunity to Increase Trade Potential of Uzbekistan and Prosperous Route to Enter World Market Before its Accession to the World Trade Organization
Keywords:
Middle Corridor, CARs, SCs, logistics infrastructure, UzbekistanAbstract
This paper examines the Middle Corridor's impact on Uzbekistan’s trade potential, emphasizing the route's relevance for the country's economic integration and growth. The Middle Corridor, an integral part of China's Belt and Road Initiative, offers Uzbekistan—an isolated, double-landlocked nation—a vital link to European and global markets, particularly in light of shifting geopolitical dynamics. Utilizing a gravity model and analyzing trade flow data, the study investigates how infrastructure improvements along this route can boost trade volume. Key findings suggest that reducing travel time and enhancing logistics infrastructure could significantly increase Uzbekistan's exports, fostering economic opportunities and advancing its path toward WTO accession.