Muzaffar Razakov

Muzaffar Razakov is the head of the Global Textile Companies Group and has recently been in the news for discussing the importance of reforms in Uzbekistan's market regulation system. He emphasized the need for liberalization and the removal of barriers to entrepreneurship, particularly in the areas of certification and standardization. Razakov highlighted that the proposed reforms are a significant step towards aligning with market principles and will help transform the economy by shifting responsibility from the state to entrepreneurs, thereby fostering a more efficient and self-regulating market.