live Trump cites Churchill in taunt at Starmer over Iran: All the latest news on the Iran strikes
U.S. President Donald Trump said the U.S. military has enough stockpiled weapons to fight wars "forever"; in a...
Uzbekistan is preparing to bring its companies to global markets. The country is one step away from joining the World Trade Organization.
President Shavkat Mirziyoyev has instructed the government to accelerate Uzbekistan’s accession to the World Trade Organization. He has called for the adoption of about 15 regulatory acts and updates to several key laws. Officials have also been told to finish talks with nine WTO member countries that Uzbekistan hasn’t negotiated with before, by the end of this year.
Uzbekistan entered the active phase of WTO accession in 2023. Since then, there have been four Working Group meetings, where experts addressed over 500 issues. Bilateral negotiations were held with 33 countries, and 24 of those have already been successfully concluded.
As part of the preparation, significant work has been done to align national legislation with WTO standards. This includes the adoption of 13 new laws, 10 presidential decrees and resolutions, 19 Cabinet resolutions, and 10 interdepartmental regulations. In a major shift, the exclusive rights of six state-owned enterprises have also been eliminated.
The WTO currently includes 166 member countries and governs about 98% of global trade. Uzbekistan’s membership application is still under review. Accession talks actually began in 1994, but were put on hold and only resumed in 2020.
Experts say WTO membership could significantly boost the country’s exports, unlocking nearly $6 billion in untapped potential. That includes $600 million each in clothing and fruit exports, and $400 million in cars and auto parts.
The World Bank estimates that joining the WTO could raise Uzbekistan’s GDP by 17% within 5 to 7 years, largely thanks to growth in the service sector. That’s especially important for a landlocked country like Uzbekistan, where service exports can make a big difference.
Historically, accession to the WTO is a lengthy process. China took 15 years, while Russia needed 18. The more complex a country's regulatory system, the longer it usually takes. But Uzbekistan is aiming to finish the process by the 14th WTO Ministerial Conference which scheduled for 2026 in Cameroon.
The Kremlin is utilising the recent United States and Israeli military strikes on Iran to validate its ongoing war in Ukraine. Russian officials are pointing to the escalation in the Middle East as evidence that Western nations do not adhere to international rules.
Saudi Arabia’s state oil giant Saudi Aramco closed its Ras Tanura refinery on Monday following an Iranian drone strike, an industry source told Reuters as Tehran retaliated across the Gulf after a U.S.-Israeli attack on Iranian targets over the weekend.
The Middle East crisis intensifies after the deadly attack on the compound of the Supreme Leader of Iran Ali Khamenei on Saturday that killed him, other family members and senior figures. Iran has launched retaliatory strikes on U.S. targets in the region.
U.S. President Donald Trump said the U.S. military has enough stockpiled weapons to fight wars "forever"; in a social media post late on Monday. The remarks came hours before conflict in Iran and the Middle East entered its fourth day.
Türkiye raised its security level for Turkish-flagged vessels in the Strait of Hormuz to Level 3 on Sunday (2 March). The development follows Iranian restrictions on shipping after U.S. and Israeli strikes and confirmation of Supreme Leader Ali Khamenei’s death.
Seven opposition parties in Georgia have formed a coordinated alliance ahead of upcoming elections, saying it aims to challenge the dominance of the ruling Georgian Dream party. The government has dismissed the move as a rebranding of familiar political figures.
Türkiye’s President, Recep Tayyip Erdoğan, has described the ongoing U.S.–Israeli military campaign against Iran as a “clear violation of international law”, in his strongest remarks yet on the escalating regional crisis.
U.S. President Donald Trump said the U.S. military has enough stockpiled weapons to fight wars "forever"; in a social media post late on Monday. The remarks came hours before conflict in Iran and the Middle East entered its fourth day.
Kazakhstan has vowed to speed up its investigation into the Azerbaijan Airlines (AZAL) crash near Aktau, as mounting diplomatic pressure and geopolitical tensions push the disaster further into the international spotlight.
Entrances to Iran's underground and previously bombed uranium-enrichment plant at Natanz have been struck as part of the U.S.-Israeli military attacks on the country, the United Nations nuclear watchdog, the International Atomic Energy Agency (IAEZ) confirmed on Tuesday (3 March).
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment