The President has pointed to urgent issues that are waiting to be resolved

The situation on world markets shows that exports can reach 1.5 billion dollars in two years. In addition, the domestic market also has an import market of 1 billion 300 million dollars.

Also the demand for semiconductors and printed circuit boards in the domestic and neighbouring markets amounts to 6 billion dollars.

For instance, all the raw materials required for the production of lithium iron phosphate batteries for electric cars are available.
The regions are well equipped to do this. However, it has been shown that the regional authorities have miscalculated these opportunities but have not taken advantage of them.

For instance, the production capacity of electrotechnical products is 2-3 times lower (less than 200 billion sums) compared to other regions of Karakalpakstan, Bukhara, Kashkadarya, Surkhandarya and Khorezm.

Today only one or two local brands have entered the export market. These brands account for 80% of exports.

It is stressed that at least 3-4 new brands need to be created to increase exports to $1.5 billion.