E-Commerce and Ways of its Development in Uzbekistan

Abstract

This article theoretically reveals topical issues of electronic commerce (EC) and methodologically examines the elements of the institutional structure, the advantages of EC. In addition, it says that the framework of electronic commerce is divided into 2 segments: trade in tangible products and trade in information goods and services.

In recent years, Uzbekistan has adopted a number of legislative and regulatory documents and measures aimed at developing the EC, which have brought tangible results and a revival in the e-commerce market. The article highlights the barriers that hinder wider development and lists ways to overcome the obstacles that hinder the further institutionalization of e-commerce in Uzbekistan.