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The protection of consumer rights has been strengthened in Uzbekistan
The President signed the Law “On amendments and additions to the Law of the Republic of Uzbekistan “On protection of consumer rights”” No.ЗРУ-746 dated January 18, 2022 (the “Law No.ЗРУ-746”).
There has been approved the procedure for organizing and conducting e-procurement in the construction industry in Uzbekistan
The Cabinet of Ministers adopted the Resolution “On measures to improve the organization and conduct of electronic procurement in the construction sector” No.6 dated January 31, 2022 (the “Resolution No.46”).
The sanction for violation of intellectual property rights has been toughened in Uzbekistan
Uzbekistan adopted the Law “On amendments and additions to certain legislative acts of the Republic of Uzbekistan in connection with the improvement of legislation on intellectual property objects” No.ЗРУ-749 dated February 2, 2022 (the “Law No.ЗРУ-749”).
There has been established the procedure for privatization of non-agricultural land plots in Uzbekistan
The Cabinet of Ministers adopted the Resolution “On measures to implement the Law of the Republic of Uzbekistan “On the privatization of non-agricultural land plots” No.71 dated February 14, 2022 (the “Resolution No.71”).
GRATA International offices in Kyrgyzstan, Moldova, Tajikistan, Turkmenistan and Uzbekistan were noted as an active partners of the EBRD
On January 22, 2022, the EBRD’s Legal Transition Team has completed an assessment of business reorganisation tools in all 38 emerging economies where the EBRD is active.
24.01.2022
The conclusion of agreements on “green” power stations is planned in Uzbekistan
In Uzbekistan it is planned to build 10 (ten) projects, power plants operating from renewable sources, 8 (eight) of which are related to solar energy in 2022. New power plants will be located in Bukhara, Namangan, Khorezm, Kashkadarya, Fergana and other regions of Uzbekistan, and 2 (two) more wind stations will be built in Karakalpakstan. In 2023 it is planned to put into operation 8 (eight) projects in this industry.
24.01.2022
A payment system to ensure cross-border money transfers has been created in Uzbekistan
The Resolution of the Cabinet of Ministers “On measures to create a payment system to ensure cross-border money transfers” No.771 dated December 24, 2021 (the “Resolution No.771”) determined the creation of the payment system “Unified cross-border money transfers” (the “payment system”)
24.01.2022
There have been made changes in the implementation of projects involving foreign capital in Uzbekistan
By the Decree of the President “On amendments and additions to some acts of the President of the Republic of Uzbekistan” No.УП-36 dated December 20, 2021 (the “Decree No.УП-36”), amendments and additions were made to the Regulations on the procedure for preparing and implementing projects with participation of international financial institutions and foreign government financial organizations (the “Regulation”) approved by the Decree of the President of the Republic of Uzbekistan No.ПП-3857 dated July 16, 2018.
24.01.2022
The procedure of futures trading was approved in Uzbekistan
The Cabinet of Ministers adopted the Resolution “On measures to introduce futures trading on commodity exchanges and organize an electronic logistics trading portal for transporting products by vehicle” No.777 dated December 27, 2021 (the “Resolution No.777”).
24.01.2022
In Uzbekistan investment projects on land plots will not be carried out with compulsory acquisition
In accordance with the Resolution of the Cabinet of Ministers “On amendments and additions to the Regulation on the procedure for seizure of land plots and providing compensation to owners of real estate, approved by the Decree of the Cabinet of Ministers of the Republic of Uzbekistan No.911 dated November 16, 2019” No.14 dated January 10, 2022, the following changes were made in the Regulations on the procedure for the withdrawal of land plots