Financial support to exporters has been expanded in Uzbekistan
The President of the Republic of Uzbekistan on October 21 signed a new Decree “On further expansion of financial support for export activities” No.УП-6091 (the “Decree No.УП-6091”).
GRATA International's partners in Legal 500's Arbitration Powerlist 2020
In the recently released it's Arbitration Powerlist 2020 Legal 500 identified the leading arbitration experts in CIS and Caucasus.
30.10.2020
On 29 October 2020, an international online conference was held on: Recognition and Enforcement of Judgements and Arbitral Awards in 10 jurisdictions of GRATA International on ZOOM platform.
ADB approved USD 200 million loan to improve power sector in Uzbekistan
On 28 September the Asian Development Bank (ADB) approved a USD 200 million policy-based loan to Uzbekistan. The loan will be used for strengthening Uzbekistan’s power sector by improving its financial sustainability and ensuring adequate investment in critical infrastructure. This policy-based loan became the first of its kind in Uzbekistan’s energy sector.
The list of offshore zones has been updated in Uzbekistan
In accordance with the additions to Regulation “On the procedure for monitoring the validity of the conduct of foreign exchange transactions by legal entities and individuals” (Appendix to the Resolution No.2467 dated June 12, 2013) (the “Regulation”), the changes were made.
Amendments and additions have been made to the Clearing System of Central Bank of Uzbekistan
By the Resolution of the Board of the Central Bank No. 2570-1 dated September 28, 2020, the following adjustments were made.