ECONOMIC AND FINANCIAL TIES BETWEEN HUNGARY AND UZBEKISTAN: AN IN-DEPTH ANALYSIS
Keywords:
bilateral trade agreements, foreign direct investment, economic complexity index, economic growth and development, trade volumes and investment flows, educational and cultural exchanges, economic policy and diplomacy.Abstract
This article provides an in-depth analysis of the economic and financial relations between Hungary and Uzbekistan, focusing on the nature and extent of their bilateral interactions. Utilizing a combination of quantitative data analysis and qualitative review of economic policies, the study investigates trade volumes, investment flows, and strategic economic agreements enacted over the past decade. The findings reveal a pattern of growing economic collaboration, characterized by enhanced trade initiatives and increasing financial linkages. The implications of these dynamics are significant, suggesting both opportunities and challenges for policy-makers and businesses in both nations. This research fills a gap in contemporary understandings of Central European and Central Asian economic relationships by providing up-to-date insights into the economic strategies and financial partnerships between Hungary and Uzbekistan
