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The American-Uzbekistan Chamber of Commerce (AUCC) seeks to promote trade and investment ties, cultural exchanges and bonds of friendship between the United States of America and the Republic of Uzbekistan. In performing these functions, the AUCC places primary emphasis on serving the needs and interests of its members.

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NEWS

Economic Policy and Cotton in Uzbekistan: A Report from the Economic Research Service of USDA

26 October 2012

http://www.ers.usda.gov of 10/26/2012 - Uzbekistan is the seventh largest global cotton producer and third largest cotton supplier for world markets. Uzbekistan's Government policies largely shield cotton producers from world market price signals, and cotton area has changed little over the past decade despite strong international price fluctuations. Government pricing and exchange rate policies tax cotton producers and more than offset the value of input subsidies for cotton growers. The degree of taxation declined for several years after 2000, but increased again in the late 2000s. In the 2009, cotton output dropped as Uzbekistan responded to reduced water availability and increased global food prices with higher taxes on cotton growers. With continued taxation of cotton production, Uzbekistan likely will continue to lose ground to more dynamic cotton exporters like

India and Brazil. As a result, USDA's longrun baseline projections for Central Asia show that the region's share of world cotton production will continue to fall over the next decade.  Read full report here.