Comparative Economic Indicators of Uzbekistan and Indonesia
DOI:
https://doi.org/10.51699/ajdes.v30i.748Keywords:
Similarities, development, industry, culture, economy, factors, populationAbstract
The provided article discusses the similarities between Uzbekistan, a developing country, and Indonesia, an industrialized country, in terms of their cultural, political, and economic factors. It highlights various aspects such as population composition, poverty rates, international trade, urbanization, poverty reduction efforts, income inequality, natural resources, and trade agreements. The provided article discusses the similarities between Uzbekistan, a developing country, and Indonesia, an industrialized country, in terms of their cultural, political, and economic factors. The article also mentions the impact of the COVID-19 pandemic on the trade volume of both countries, leading to a decline in exports and imports. It highlights trade agreements signed by Uzbekistan with various countries and the decrease in tariff rates on imported goods. Indonesia also has an open trade policy and has preferential trade agreements with several countries. Both countries have participation in free trade agreements with their neighboring countries. Uzbekistan has a free trade agreement with eleven countries, primarily former Soviet Union countries. Indonesia is part of the free trade agreement between ten ASEAN members and China.
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