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ARTICLE · 20 AUGUST 2021

A Unified Procedure For Conducting Electronic Online Auctions Is Being Introduced In Uzbekistan

In accordance with the Resolution of the President "On measures to simplify the procedure for conducting electronic online auctions, increase transparency and guarantee reliable protection of the ...

UzbekistanStrategy

In accordance with the Resolution of the President “On measures to simplify the procedure for conducting electronic online auctions, increase transparency and guarantee reliable protection of the rights of their participants” No.ПП-5197 dated July 24, 2021, starting from September 1, 2021, a unified procedure for electronic online auctions on electronic trading platform “E-auksion” is being introduced.

This procedure applies to all types of assets, the sale or lease of which, in accordance with legislative acts, is carried out through an electronic trading platform.

According to the new procedure:

  • State Unitary Enterprise “Center for the organization of electronic online auctions” under the State Assets Management Agency is authorized to provide, free of charge, a certificate of an electronic digital signature key for participation in the auction to participants, including foreign citizens;

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