With Uzbekistan announcing that it is establishing a coordinating agency to facilitate planning and implementation of PPPs, the new agency's focus in its first year will likely be on helping to draft

Uzbekistan has enacted groundbreaking Islamic Banking Law that establishes a dual banking system, allowing Sharia-compliant financial services to operate alongside conventional banking for the first time. The legislation introduces comprehensive amendments across multiple legal codes and is designed to attract foreign investment from OIC countries while integrating informal economy funds into the formal banking sector.

The President of the Republic of Uzbekistan on October 21 signed a new Decree "On further expansion of financial support for export activities" No.??-6091 (the "Decree No.??-6091").

The Central Bank of the Republic of Uzbekistan adopted the Resolution "On approval of the regulation on the procedure for licensing the activities of payment system operators and payment organizations"...

In its recently published analytical report titled "Uzbekistan: Soum'er Solstice", the investment bank J. P. Morgan included Uzbekistan into the list of countries that achieved high sustainable growth rates in ...

The Board of the Central Bank of Uzbekistan adopted resolution "On approval of the provision on the procedure of creation by the Central Bank of Uzbekistan of the special legal regime in the sphere of financial services".

The Cabinet of Ministers adopted the Resolution "On the Organization of Activities of the State Enterprise "Navoiuran", JSC "Navoi Mining and Metallurgical Combine" and the State Institution...

On January 16, 2020, the Cabinet of Ministers adopted the Resolution No. 27 "On Measures for Effective Management of the State Debt and Ensuring the Targeted Use of the Attracted Debt"

In order to attract investment to the Republic of Karakalpakstan and to further expand the region's opportunities, Decree of the President No. UP-129 "On additional measures to create favorable...

The world-rating agency Standard & Poor's (the "Agency") in its last report maintained Uzbekistan's sovereign rating at "BB-" level, but improved the forecast for the country from "negative" to "stable".

On November 20, 2019, the Resolution of the President of the Republic of Uzbekistan No. PP-4525 "On measures to further improve the business environment and advance the entrepreneurship support system

In accordance with the Resolution of the Cabinet of Ministers No.674 "On measures to improve the system of disclosure of information on business entities with state participation and state unitary

The President of the Republic of Uzbekistan signed Decree "On measures to support the activities of cotton-textile clusters, radical reform of the textile and clothing-knitwear industry...

On 19 April 2023, the President of Uzbekistan signed law No. ЗРУ-831, which came into force on 20 April 2023 and introduced changes to the law "[o]n banks and banking activities" (the "Amended Banking Law").

The Presidential Decree No. UP-6167 dated 11.02.2021 defines the list of state assets, as well as economic companies with the participation of the state and state-owned enterprises, to be put up for auction in 2021.

In the framework of the Presidential Decree No.УП-6096 "On measures to accelerate the reform of enterprises with the State participation and the privatization of state assets" dated October 28, 2020

The economic and legal system of Uzbekistan has been very stable and, as confirmed by various international institutions, including the World bank, it has been showing steady growth since 2017 despite geopolitical turbulence surrounding the region.

Since 2017, Uzbekistan has been experiencing a significant increase of foreign investment activity. The government has been implementing numerous reforms in its domestic legislation...

Starting from 1 January 2025, any Uzbek resident (or a group), public or private, deemed as systemically important and with an outstanding debt that exceeds...

The Cabinet of Ministers adopted the Resolution "On measures to introduce futures trading on commodity exchanges and organize an electronic logistics trading portal for transporting products by...