In May 2022, some of the most notable legal developments in Uzbekistan were the adoption of new regulations on public procurement, the introduction of changes to the Economic Procedural Code clarifying the role of Uzbek economic courts in international arbitration proceedings, the streaming of a practice allowing the opening of special bank accounts, and special measures to prevent the growth of prices in food markets.
Based on relevant requirements of the Law on Public Procurement No. ZRU-684 of 22 April 2021, the Cabinet of Ministers has approved a new Regulation on conducting public procurement procedures, which includes, among others, the following:
A Law introducing changes related to international commercial arbitration into the Economic Procedural Code has been adopted. It has been, among others, provided that economic courts may consider cases related to (i) the appointment of an arbitrator; (ii) the recusal of an arbitrator; (iii) the termination of powers of an arbitrator; (iv) on matters related to a jurisdiction of an arbitration court; (v) on the recognition and enforcement of interim measures; (vi) on the application of interim measures; (vii) on the assistance in obtaining evidence; (viii) on the annulment of an arbitral award; (ix) on the recognition and enforcement of an arbitral award. Cases (i)-(iv), (vii), and (viii) are only considered where arbitration proceedings have taken place in Uzbekistan.
The President has issued a Decree on improving the system of payments of business entities, which, among others, envisages that:
Given the unstable situation on global food markets, the President has signed the Decree on the Measures to Ensure the Stability of Prices in Consumer Markets and to Increase the Effectiveness of Antimonopoly Measures. It, among others, sets the following:
(A) from 1 May 2022 till 1 January 2023, (i) a zero customs duty rate will apply to food products listed in Annex 1 to the Decree (including, among others, fish, milk, eggs, butter, coffee, and tea); (ii) a double rate of customs duties will not apply to goods originating from the countries in respect of which the regime of the most favored nation treatment has not been established;
(B) till 1 January 2023, the following limitations are suspended: (i) for public purchasers, to purchase imported food products where public procurement procedures are conducted (as established by the Resolution of the Cabinet of Ministers No. 41 of 29 January 2021); (ii) for importers, to ensure the labeling of imported food products in the Uzbek language;
(C) the Antimonopoly Committee and the Consumer Protection Agency under the Committee have been given the following powers:
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Kosta Legal Law Firm