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The List of Foreign Investment Proposals

Read more...   |   Download document   |   Legal Highlight   |   Tuesday, 14 May 2019

Privatization reforms ending state monopoly in alcohol industry

In pursuit of the goals set out in the State Program 2019, the President of Uzbekistan issued the Decree No. UP – 5656 of February 5, 2019 on the improvement of state regulation of the alcohol and tobacco…

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Important aspects of project finance in Uzbekistan

This legal highlight covers some important aspects of project finance in Uzbekistan, outlining its main features. Uzbek law does not prohibit or limit receipt of foreign funds from abroad, but remains to be underdeveloped in many transactional aspects.…

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State Program 2019: Economic Development and Investment Promotion

The President of the Republic of Uzbekistan issued the Decree No. UP – 5635 dated January 17, 2019 (the “Decree”) approving a state program for 2019 “The Year of Active Investments and Social Development”. The program was devised…

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PPP projects in infrastructure sector

The area of PPP is still at the initial stage of development in Uzbekistan. The Law on PPP has been drafted several times, but has not been approved yet. As a result, a PPP mechanism is being regulated…

Read more...   |   Legal Highlight   |   Thursday, 31 January 2019

Rights of foreign citizens to purchase residential property

In accordance with the Resolution of the Cabinet of Ministers No. 92 of February 27, 1999, foreign citizens can purchase a residential property within Uzbekistan only if they have a residence permit (RP). Moreover, the Resolution of the…

Read more...   |   Legal Highlight   |   Thursday, 20 December 2018

Transitional changes in the legal environment of Uzbekistan: September 2016-January 2017

Uzbekistan has undergone drastic changes related to unexpected death of its first President, Mr. Islam Karimov. His successor and now newly elected President Mr. Shavkat Mirziyoev holds a course for reforms and boosting of Uzbek economy. This summary…

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Franchise Agreements in Uzbekistan: A Brief Overview

FRANCHISE AGREEMENTS IN UZBEKISTAN: A BRIEF OVERVIEW This legal highlight overviews the rules and regulations applicable to franchise agreements. Until very recently, such type of agreements has not been particularly widespread in Uzbekistan and the relevant legislation, being…

Read more...   |   Download document   |   Legal Highlight   |   Monday, 22 October 2018