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The aim of this paper is to investigate the outcomes of Article 3 covering priority areas of economic development and liberalization and the Article 5 covering implementation of balanced, mutually beneficial and constructive foreign policy of “Uzbekistan's Development Strategy for 2017-2021” pioneered by Honorable Shavkat Mirziyoyev, President of Uzbekistan, who came to power in 2016. The method followed in this investigation is descriptive and literature and data used are acquired via electronic library and inter-net. It is concluded that President Mirziyoyev’s new initiative is to motivate Central Asian states in that they may develop a mutually benefitted regional economic cooperation among themselves and pursue a balanced, mutually benefitted and constructive foreign policy vis-à-vis China and Russia. &#x0D;

Considerations on “Uzbekistan's Development Strategy for 2017-2021”: Opportunities for Regional Economic Cooperation and Balanced Foreign Policy Optio