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The aviation authorities of Uzbekistan and Hong Kong have reached an important agreement that opens new opportunities for Uzbek airlines. According to the signed document, Uzbek carriers will now be able to operate regular flights to Hong Kong International Airport, one of the busiest airports in the world.
Long-Awaited Agreement
Previously, Uzbekistan’s Ministry of Transport had repeatedly requested to establish air links with Hong Kong but faced refusals. The primary reason was the overcapacity of Hong Kong’s airport, which was operating at its full capacity, unable to accommodate new flights. However, thanks to recent infrastructure improvements and an increase in the airport’s capacity, both parties were able to reach an agreement.
The signing of this agreement is a significant step for Uzbekistan’s aviation sector. It not only opens new routes for the country’s airlines but also strengthens ties between Uzbekistan and one of the world’s leading financial and logistics hubs.
Why Hong Kong Is Important for Uzbekistan
Hong Kong International Airport is one of the largest transportation hubs in Asia and the world. Millions of passengers and vast amounts of cargo pass through its terminals annually. The airport serves over 120 airlines and offers flights to more than 220 destinations. Due to its tax incentives and status as a key re-export center, Hong Kong plays a significant role in the global economy, particularly in logistics and cargo transportation.
For Uzbekistan, opening air links with Hong Kong presents new opportunities for trade and transit development. Hong Kong is an important re-export hub, including goods produced in China. Some of these goods can transit through Uzbekistan and be delivered to Europe, the Middle East, and Turkey, creating favorable conditions for strengthening the country’s logistics network.
New Prospects for Tourism and Business
The agreement on launching flights between Uzbekistan and Hong Kong will open new opportunities for business and tourism. Uzbekistan will be able to attract tourists from Asia and other regions, thereby increasing tourist flow and enhancing its image on the international stage. Additionally, entrepreneurs will gain access to new markets, promoting trade and economic relations between the two countries.
In turn, Hong Kong will benefit from closer cooperation with Uzbekistan in the areas of cargo transportation, logistics, and investment projects. This agreement will lay the groundwork for increasing trade volumes between Asia and Central Asia and will attract international investors’ attention to Uzbekistan as a key transit hub.
Hong Kong: Special Status and Opportunities
Although Hong Kong is part of the People’s Republic of China, its aviation authority operates independently from the main Chinese administration due to its status as a Special Administrative Region. Hong Kong has the right to independently regulate issues related to the use of its airspace and airports.
With a population of about 8 million people, Hong Kong is one of the world’s leading financial centers with a GDP of $550 billion. Its attractiveness as an economic and financial hub is due to its strong economic growth, security, tax freedom, and extensive investment opportunities.
Despite its limited territory and lack of natural resources, Hong Kong ranks as one of the top countries in the Asia-Pacific region for re-exports. Much of the goods produced in China pass through Hong Kong thanks to tax incentives. The main markets for these goods include Europe, the Middle East, Turkey, and Arab countries.
The article may contain inaccuracies as it is translated by AI. For more details, please refer to the Russian version of the article. If you notice any inaccuracies, you can send corrections via the Telegram bot: Uzvaibik_bot.
