Uzbekistan targets increased export value through food and metal processing
Uzbekistan is implementing a new export strategy focused on increasing the value of domestic goods by prioritising food processing and the development of steel and technological metals.
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According to Euronews, Uzbekistan is seeking to generate higher returns from its existing production sectors. The government's latest economic strategy centres on transitioning towards higher-value exports, specifically targeting the food processing industry and the extraction and refinement of steel, copper, and technological metals.
By investing in these areas, the nation aims to enhance its export capacity and secure greater economic gains from its natural and agricultural resources. The focus remains on processing raw materials domestically to increase their market value before they are exported.
Source: Euronews. Read the original report ↗
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This brief is based on reporting by Euronews.supports: Euronews