WORLD TRADE ORGANIZATION AT THE PRESENT STAGE AND ECONOMIC REFORMS IN UZBEKISTAN

Abstract

This research article is devoted to current stage and economic reforms of World Trade Organization in Uzbekistan. In order to liberalize world trade by regulating it mainly by tariff methods with a consistent reduction in the level of import duties, as well as the elimination of various non-tariff barriers and quantitative restrictions, on January 1, 1995, the international structure of the World Trade Organization (WTO) was created. The functions of this organization are to monitor the implementation of trade agreements concluded between WTO members, organize and ensure trade negotiations among WTO members, monitor the trade policy of WTO members, and resolve trade disputes between members of the organization.