Jasur Umirzokov,
PhD., Acting associate professor of the Tashkent Institute of Finance,
Tashkent, Uzbekistan. E-mail: [email protected]
ORCID: 0009-0009-1572-2560
Abstract. In the context of the country’s accession to international organizations, including the World Trade Organization (WTO), the article examines various aspects of the activity of special economic zones, which are considered institutional infrastructures for the development of the investment environment. As we know, WTO is a major international organization. Countries that are members of this international financial and economic structure must fully comply with the norms in the trade and economic sphere established by this organization. In particular, the rules for setting customs tariffs for imported goods, and various measures limiting healthy competition describe the rules adopted by this organization. In this regard, the influence and consequences of the country’s WTO membership on the investment environment and investment mobility in special economic zones have been analyzed. Uzbekistan is also taking certain measures to become a member of the WTO. The article examines the fact that several practical works have been carried out on integrating trade-economic criteria into the country’s rules. Also, proposals and recommendations were developed based on foreign experiences, problems, and possibilities of harmonizing the rules adopted in the WTO.
Keywords: special economic zone, World Trade Organization, customs preferences, tax incentives, investment environment, economic growth, infrastructure