37 results found

Easing of quarantine restrictions directly affected the flow of foreign investments to Uzbekistan. Main inflow of investments was made for improving the energy, infrastructure and medicine sectors.

Large-scale fundamental reforms initiated by Uzbek government provide unique opportunities for foreign investors to establish their operations in Uzbekistan.

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.

A course of the new Uzbek leadership is firmly aimed at improving the country's economic performance and attraction of foreign investment.

Uzbek President Shavkat Mirziyoyev has created a council of foreign investors to advise him on improving the investment climate and attracting foreign direct investment.

The Cabinet of Ministers adopted the Resolution "On approval of the Regulation on the procedure for organization of the cotton and textile clusters" No.733 dated December 4, 2021 (the "Resolution No.ПКМ-733").

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...

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

During its 9th regular session on March 28, the Senate of the Oliy Majlis (an upper house of the Uzbek Parliament) approved several major changes in the Constitution and some legislative acts.

On October 6, 2021, the President of Uzbekistan signed Decree No. УП-6319 "[o]n measures for further stimulation of geological exploration and improvement of taxation in respect of subsoil users".

The President of Uzbekistan has created a new Agency that will allow investors to receive more detailed information about new projects, materials and roadmaps, which, in turn, will increase the efficiency and attractiveness ...

On December 25, 2019, the President of Uzbekistan signed the Law "On Investments and Investment Activities" (hereinafter referred to as the Law).

Uzbekistan has joined the Paris agreement on climate change. The signing ceremony took place at the United Nations headquarters in New York on 19 April 2017.

In accordance with the Presidential Decree No.PD-5825 dated September 13,2019 "On the creation of the free economic zone "Chirokchi", it was organized new free economic zone in Kashkadarya region.

The active flow of foreign investments has become possible due to the pro-market reforms carried out since 2016 in Uzbekistan. Liberalization of the foreign exchange market...

The President has signed the Law On Currency Regulation No. ZRU-573 of October 22, 2019 (the "New Law"), which is effective since its date of publication - 23 October 2019. As the result, the Law

The purpose of this Law is to regulate relations in the field of investments and investment activities carried out by foreign and domestic investors.