PROSPECTS OF UZBEKISTAN FROM MUTUAL TRADE WITH MIDDLE EAST STATES

Abstract

Abstract: The article explores the prospects of Uzbekistan's mutual trade with
Middle East states using the Gravity Model of international trade. The Gravity model
is a statistical model used to predict the flow of trade between countries based on the
size of their economies and the distance between them. The article discusses the
potential opportunities and challenges for Uzbekistan in its trade with the Middle East,
and provides comprehensive and practical suggestions to boost mutual trade with the
Middle East by analysing the Gravity model of trade. The article also examines the role
of regional trade agreements, regime of ‘most favored nation’ and common religion in
shaping the future of mutual trade between Uzbekistan and the Middle East.