Uzbekistan passed the Law on
Investments and Investment Activities
Starting from January 27, 2020, the Law of December 25, 2019, № ZRU – 598 "On Investments and Investment Activities" will enter into force.
23.01.2020
In the light of the adoption of the Law “On introduction of amendments and additions to the Tax Code of the Republic of Uzbekistan” No. ZRU-599 dated 30 December, 2019, a new edition of the Tax Code was adopted.
Results of the twenty-fifth plenary session of Senate of the Oliy Majlis of Uzbekistan
Senate members reviewed the Law “On investments and investment activities”. It introduces the conceptual apparatus, determines the types of investments by destination (capital, financial and social).
Uzbekistan and ADB sign loan
agreements for USD 500 million
A meeting was held between Enrico Pinali, Acting Director of the Representative Office of the Asian Development Bank (ADB) in Uzbekistan and Jamshid Kuchkarov, Deputy Prime Minister and Minister of Finance of the Republic of Uzbekistan. During the meeting, they signed loan agreements in the total amount of USD 500 million to improve economic governance in the country and develop the mortgage market sector in Uzbekistan.
EBRD supports Uzbek healthcare
industry
Patients of healthcare centers in Central Asia’s most populated country will benefit from better care and hygiene standards following the introduction of modern medical manufacturing facilities in Uzbekistan, supported by the EBRD.
Residents of the Mirzo Ulugbek
Innovation Centre joining the
IT-PARK
Given the decision of the Cabinet of Ministers, the Mirzo Ulugbek Innovation Centre (MUIC) is abolished, and its residents move to the Technological Park of software products and information technologies.