On 4th November 2020, Director of the Capital Markets Development Agency of the Republic of Uzbekistan Atabek Nazirov signed an order “On amendments and supplements to the Rules for the issue of securities and state registration of issues of equity securities” №2020-14. The amendments cover the procedure for issuing bonds for an amount exceeding the […]

The Cabinet of Ministers of the Republic of Uzbekistan adopted the Resolution “On approval of the regulations on the shift method of construction and installation works at important and remote sites” No. 636 dated by October 09, 2020 (hereinafter referred to as the “Resolution”). This Resolution covers the following matter: Organisation of work; Organisation of […]

President of Uzbekistan Shavkat Mirziyoyev signed the Law “On amendments and supplements to certain legislative acts of the Republic of Uzbekistan” No. 640 dated by 05.10.2020, which amended and supplemented the laws “On joint stock companies and protection of shareholders’ rights”, “On the securities market” and the Economic Procedure Code. This package of amendments to […]

President of Uzbekistan Shavkat Mirziyoyev signed the Law “On amendments and supplements to certain legislative acts of the Republic of Uzbekistan in order to increase the efficiency of the use of agricultural land and forest estate” No. 639 dated by 29.09.2020, which amended and supplemented the laws “On farming”, “On dekhkan farms” and the Land […]

Shavkat Miziyoyev, President of the Republic of Uzbekistan by its resolutions dated 15 September 2020 no. 4826 and 4827 ratified Double Tax Agreement (DTA) with Japan and Amendments to DTA with South Korea. DTA with Japan was signed during Mirziyoyev’s official visit to Tokyo on 19 December 2019. DTA with South Korea was initially signed […]

New decree of the President of the Republic of Uzbekistan dated July 24 approved establishment of the Judicial Panel for resolution of investment disputes and competition cases in the framework of the Supreme Court of the Republic of the Uzbekistan. The decree endowed the Judicial Panel with the authority to consider investment disputes arising between […]

On July 22, the President of the Republic of the Uzbekistan signed the law which amended and supplemented the laws “On joint stock companies and protection of shareholders’ rights”, “On limited and additional liability companies” and “On capital market”. This amendment to the legislation on the capital market was initiated and developed by the Capital Market […]

In accordance with the Decree of the President of the Republic of Uzbekistan No. PP-4754 “On measures on further improvement of the alternative dispute resolution mechanisms” dated June 17, 2020, starting from 1 August 2020 the Appeal Boards for the pre-trial settlement of disputes between individuals, legal entities and government agencies (hereinafter referred to as […]

In accordance with the Decree of the President of the Republic of Uzbekistan dated May 12, 2020 No. PP-5992 “On the Strategy for reforming the banking system of the Republic of Uzbekistan in 2020 – 2025”  the main directions for reforming the banking sector in Uzbekistan are defined as follows: increasing the efficiency of the […]

The Cabinet of Ministers of the Republic of Uzbekistan by its resolution dated April 30, 2020 No. 264  approved in the new editions of: The Regulation on the conclusion, amendment, termination and implementation of investment agreements between the Government of the Republic of Uzbekistan and foreign investors; The Regulation on the procedure for notification of […]