The Role of Foreign Languages in Attracting Foreign Investments
Keywords:
Foreign languages, foreign investments, Uzbekistan, economic development, business communication, investmentsAbstract
Foreign languages play a crucial role in attracting foreign investments, particularly in developing economies like Uzbekistan. As globalization intensifies, effective communication in international business becomes essential for fostering economic cooperation and securing foreign capital. This study explores how foreign language proficiency among local professionals influences investment decisions in Uzbekistan. The research is based on statistical data, case studies, and expert interviews, highlighting the importance of English, Russian, and Chinese in business negotiations, legal frameworks, and technological collaborations. The findings suggest that higher language proficiency levels enhance investor confidence, streamline bureaucratic processes, and create a more favorable investment climate. The study concludes by recommending targeted language education policies and corporate training programs to further attract foreign direct investments.
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