The Role of Foreign Languages in Attracting Foreign Investments

Ashurova, Jasmina Jo'ra qizi and Davronova, Sabrina and Mardiyev., T (2025) The Role of Foreign Languages in Attracting Foreign Investments. American Journal of Business Practice, 2 (2). pp. 18-24. ISSN 2997-934X

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Abstract

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 studyconcludes by recommending targeted language education policies and corporate training programs to further attract foreign direct investments

Item Type:	Article
Subjects:	P Language and Literature > P Philology. Linguistics
Divisions:	Postgraduate > Master's of Management
Depositing User:	Journal Editor
Date Deposited:	13 Feb 2025 10:02
Last Modified:	13 Feb 2025 10:02
URI:	http://eprints.umsida.ac.id/id/eprint/15432

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