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Uzbekistan rose to 69th place in “Doing Business” ranking
Uzbekistan took 69th place in the annual ranking of the World Bank group's “Doing Business 2020” among 190 countries, gaining 69.9 points out of 100 according to the results of 2019.
Uzbekistan and Korea signed an agreement on mutual promotion and protection of investments
The President approved the Agreement between the government of the Republic of Uzbekistan and the government of the Republic of Korea on mutual promotion and protection of investments, signed on April 19, 2019 in Tashkent.
The number of monopolist enterprises is planned to be reduced in Uzbekistan
The current laws On competition and On natural monopolies will be combined into one direct action law On protection of competition.
President signed the Law on Banks and Banking Activities
On November 5, 2019, President of the Republic of Uzbekistan signed the Law on Banks and Banking Activities in a new edition.
President signed the Law On the Central Bank of the Republic of Uzbekistan
President signed the Law On the Central Bank of the Republic of Uzbekistan in a new edition.
The amount of VAT in Uzbekistan is set at 15 percent
The President of Uzbekistan signed the Decree dated 26 September 2019 No.UP–5837 “On measures to further improve the tax policy of the Republic of Uzbekistan”.