Since Uzbekistan acceded to GSP+ its exports to the EU have seen a historic boost. Between 2019 and 2022, the value of goods imported to the EU from Uzbekistan under GSP has more than quadrupled, reaching more than 450 million euros in 2022. (Almost one euro per European consumer). Uzbek export of GSP eligible goods was 93 million euros in 2019, it was – again – 450 million in 2022. That is what we can call a success.

In addition, with the elimination of the import tariffs, Uzbek exporters saved more than 28 million euros in 2022. This means 28 million euros that should have been paid in taxes to enter the EU market and that should have gone to the EU budget; local business could keep to develop their companies and the private sector. It is the EU’s contribution to the development of the Uzbek private sector last year. And compared to 2019, this contribution grew more than ten-fold (from 2.5 million euros to almost 28 million euros in 2022).