Fuel and Energy Sector of The Economy of Uzbekistan: Status and Issues. Geoeconomics of Energetics

The economic development of the Republic of Uzbekistan, which occupies a leading position in Central Asia in many respects, is extremely important for regional stability and progress. The article analyzes the current state of the fuel and energy sector in Uzbekistan, the main trends and prospects for its development.

The article considers the features of the genesis and structure of the country's power elites that developed under the second President Shavkat Mirziyoyev. In recent years, the political elite of Uzbekistan has transformed, becoming more open and accepting a certain number of representatives of the younger generation of officials.

Separately, the main problems of the development of energy and hydrocarbon production in Uzbekistan, which affect the slowdown in the country's economic development and the growth of social tension, are analyzed.

The impact of cooperation between Tashkent and Moscow on the current processes in the oil and gas and energy sectors is assessed due to the fact that Russian energy and engineering campaigns occupy a special place among the key investors in Uzbekistan, which contributes to the mitigation and resolution of problems in the development of the fuel and energy sector. The ongoing transformation of the economic model of the republic's development, against the background of the increasingly complex global geo-economic and geopolitical situation, requires the Uzbek authorities to implement energy projects and modernize economic sectors, make effective decisions and deepen international economic partnerships.

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