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UZBEKISTAN LEGAL NEWSLETTER: OCTOBER 2024

In October, several important legal developments occurred in Uzbekistan. One of the most notable was the adoption of the new Law "On Subsoil," the key legal act regulating the oil, gas, and mining industries. Other significant changes include the adoption of the Law "On the Cabinet of Ministers" and the…

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UZBEKISTAN LEGAL NEWSLETTER: SEPTEMBER 2024

Some of the most significant legal developments in September 2024 included specific changes to the Law “On Competition,” aimed at liberalizing competition regulation; Presidential decisions regarding the more effective use of land for investment purposes and the introduction of public health insurance; and resolutions of the Cabinet of Ministers on…

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UZBEKISTAN LEGAL NEWSLETTER FOR AUGUST 2024

In August 2024, several significant legal developments occurred. Notably, the adoption of the new Laws "On the Electric Energy Industry" and "On Saving Energy, Its Rational Use, and Energy Efficiency" marked a major shift. The first Law, in particular, establishes a completely new framework for the energy market, building on…

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UZBEKISTAN LEGAL NEWSLETTER FOR JULY 2024

In July 2024, significant legal developments in Uzbekistan included changes to the rules for public procurement, new regulations for the use of main power transmission lines, reforms in hydropower, measures to facilitate the development of the jewellery production and tourism sectors, and new regulations on the provision of Islamic finance…

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UZBEKISTAN LEGAL NEWSLETTER FOR JUNE 2024

Some of the most important legal developments in June 2024 in Uzbekistan included a Presidential Decree on harmonizing national legislation with WTO rules, the adoption of the Law “On Conflict of Interest,” a new tariff policy for the energy markets, and Uzbekistan's accession to the Geneva Act of the Hague…

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UZBEKISTAN LEGAL NEWSLETTER FOR MAY 2024

In May 2024, some of the most notable legal developments in Uzbekistan included changes in several competition acts, measures to implement the State Investment Programme in the second quarter of 2024, the introduction of rules for applying new incentives to business entities, the introduction of rules governing the engagement of…

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UZBEKISTAN LEGAL NEWSLETTER FOR APRIL 2024

In April 2024, significant legal developments in Uzbekistan included the introduction of streamlined procedures for implementing investment and public-private partnership projects in Tashkent, the acceleration of privatisation of state assets, and the establishment of rules governing the functioning of the Agency for the Development and Regulation of the Energy Market.…

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UZBEKISTAN LEGAL NEWSLETTER FOR MARCH 2024

Some of the most important legal developments in March 2024 included the adoption of a Presidential Resolution on the development of the insurance market, the introduction of so-called “lifecycle contracts”, the establishment of JSC “Trade Development Company” to support exporters, and the creation of the special industrial zone “Yangi Avlod”…

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UZBEKISTAN LEGAL NEWSLETTER FOR FEBRUARY 2024

Some of the most notable legal developments in February 2024 included the adoption of a Presidential Decree on the implementation of Strategy “Uzbekistan - 2030” in 2024, the approval of the State Investment Program for the first quarter of 2024, and the adoption of a new Law “On Privatisation of…

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UZBEKISTAN LEGAL NEWSLETTER FOR JANUARY 2024

Some of the most notable general legal developments in Uzbekistan in January 2024 were the introduction of a business stability rating, simplification of some licensing and general regulatory procedures, and changes in the rules and procedures for the lease of agricultural lands. There were also a number of numerous legal…

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