Tashkent, Uzbekistan (UzDaily.uz) — Uzbekistan and the European Union are entering a new level of economic partnership thanks to an enhanced Partnership and Cooperation Agreement.
The new document not only institutionalizes political dialogue but also establishes a legal framework for bilateral cooperation based on the principles of economic pragmatism and mutual benefit.
The agreement replaces the previous 1996 document, restructuring relations in line with the demands of the modern global economy.
Among the key economic priorities are free-market principles, reduction of technical barriers, simplification of customs procedures, and liberalization of trade in services.
For Uzbekistan, the agreement opens new opportunities to expand exports to European markets, implement production systems compliant with international standards, and accelerate the inflow of foreign direct investment. The document also promotes active use of GSP+ preferences and speeds up the country’s integration into the World Trade Organization.
Beyond economic aspects, the agreement addresses human rights, judicial independence, gender equality, and support for civil society, thereby strengthening the resilience of national reforms and enhancing international confidence in the country.
Thus, the new agreement establishes a model of partnership in which priority is given to economic pragmatism and practical interests rather than geopolitical considerations, opening prospects for sustainable and mutually beneficial engagement between Uzbekistan and the European Union.
