Publication Details
Abstract
The geological and energy sectors in Uzbekistan play a crucial role in the national economy, contributing to the production and export of key resources such as gold, uranium, and natural gas. However, a gap exists in understanding the full potential of mineral resource classification and management frameworks. This study addresses this gap by analyzing the existing classification systems, comparing them with international standards such as the United Nations Framework Classification (UNFC), and assessing their impact on economic viability. The study employs a qualitative approach, drawing from government reports, industry documents, and expert consultations. The findings reveal that while Uzbekistan has substantial mineral reserves, its classification frameworks need modernization to meet global standards. The results show that adopting the UNFC system could enhance resource management efficiency and attract more foreign investment. Policy implications include the need for regulatory reforms and investment in exploration technologies. Further research should focus on the practical implementation of international classification standards and their long-term economic impact.