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The Impact of Uzbekistan’s Membership into Eurasian Economic Union on Textile and Sewing Industry

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The Impact of Uzbekistan’s Membership into Eurasian Economic Union on Textile and Sewing Industry


Mingishov Laziz



Mingishov Laziz "The Impact of Uzbekistan’s Membership into Eurasian Economic Union on Textile and Sewing Industry" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-1, December 2021, pp.14-18, URL: https://www.ijtsrd.com/papers/ijtsrd47714.pdf

This article analyzes impact of changes in tariff policy on imports of textile and clothing products as a result of Uzbekistan’s accession to Eurasian Economic Union and changes in tariff revenues from imports of these products. The results show that although Uzbekistan’s accession to Eurasian Economic Union has resulted in a slight increase in imports of textiles and garments, a sharp change in imports can be observed in certain groups of goods. It is also expected that reduction of import tariffs and tax rates on textiles and garments will lead to a reduction in customs revenues to state budget, but an increase in customs revenues due to abolition of existing tariff preferences in country after integration.

Regional trade integration, Eurasian Economic Union, textile and garment products, tariffs


IJTSRD47714
Volume-6 | Issue-1, December 2021
14-18
IJTSRD | www.ijtsrd.com | E-ISSN 2456-6470
Copyright © 2019 by author(s) and International Journal of Trend in Scientific Research and Development Journal. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (CC BY 4.0) (http://creativecommons.org/licenses/by/4.0)

International Journal of Trend in Scientific Research and Development - IJTSRD having online ISSN 2456-6470. IJTSRD is a leading Open Access, Peer-Reviewed International Journal which provides rapid publication of your research articles and aims to promote the theory and practice along with knowledge sharing between researchers, developers, engineers, students, and practitioners working in and around the world in many areas like Sciences, Technology, Innovation, Engineering, Agriculture, Management and many more and it is recommended by all Universities, review articles and short communications in all subjects. IJTSRD running an International Journal who are proving quality publication of peer reviewed and refereed international journals from diverse fields that emphasizes new research, development and their applications. IJTSRD provides an online access to exchange your research work, technical notes & surveying results among professionals throughout the world in e-journals. IJTSRD is a fastest growing and dynamic professional organization. The aim of this organization is to provide access not only to world class research resources, but through its professionals aim to bring in a significant transformation in the real of open access journals and online publishing.

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