A new edition of the Law of the Republic of Uzbekistan “On public procurement” has been drafted
The Ministry of Finance of Uzbekistan, together with specialists from relevant ministries and departments, has developed a new edition of the Law of the Republic of Uzbekistan “On public procurement” (“Draft law”). Asian Development Bank and the World Bank also took an active part in the development of the Draft law.
Measures to reduce state participation in the economy of Uzbekistan
On the basis of the Decree of the President of the Republic of Uzbekistan “On additional measures to further develop the competitive environment and reduce state participation in the economy” No.УП-6019 dated 6 July 2020, there was established a procedure according to which from 1 October 2020, the establishment (initiation of establishment) of economic entities with the participation of the State and persons affiliated with them, as well as State institutions authorized to carry out economic activities
The Convention between Japan and Uzbekistan on the elimination of double taxation comes into force
On 17 September 2020, there were completed the procedures for the entry into force of the “Convention between Japan and the Republic of Uzbekistan on the elimination of double taxation with respect to taxes on income and the prevention of tax evasion and avoidance” (the “Convention”) signed in December 2019. The Convention will enter into force on 17 October 2020.
GRATA International law firm took part in the International Legal Banking Forum
On September 24-25, 2020, the Forum on theme: "Topical issues of law in the banking sector" was held.
Governmental officials in Uzbekistan will be assessed using the KPI system
According to the Resolution of the Presidential of the Republic of Uzbekistan dated 24 August 2020, officials will be assessed according to KPI performance indicators during the implementing investment projects and optimizing imports. In particular, the Resolution stated to ensure within a month the approval of specific indicators for assessing the effectiveness of measures (KPI) taken by the heads of ministries, departments, regions and enterprises on the effective implementation of investment projects and optimization of imports, with quarterly submission of information to the Cabinet of Ministers on the achievement of indicators for each official.
Local producers will be granted priority in public procurement
In accordance with the Resolution of the President of the Republic of Uzbekistan “On additional measures for support of domestic manufacturers” dated 21 August 2020, a mechanism of temporary bans and restrictions on goods, products, works and services provided by foreign persons is going to be introduced from 1 November 2020.
An alternative platform tender.mf.uz for the holding of electronic tenders is created in Uzbekistan
The platform created by XT- Xarid texnologiyalari LLC provided an opportunity for customers and suppliers to choose an electronic platform, which was previously limited to the UzEX platform. It should be noted that in accordance with the Presidential Decree dated 29June 2020 “On additional measures to improve the anti-corruption system in the Republic of Uzbekistan”, state customers must make public procurement through the electronic tenders.
President of the Republic of Uzbekistan approved the Program of digitalization of the activities of the judiciary
On 3 September President of the Republic of Uzbekistan adopted a Resolution “On measures to digitalize the activities of the judiciary” No.ПП-4818 (the “Resolution No.ПП-4818”).
25.09.2020
On 7 September of this year, President of the Republic of Uzbekistan signed a Decree “On measures to radically improve the system of land registration and state cadaster” No.УП-6061 (the “Decree No.УП-6061”).
25.09.2020
On 21 August of this year the Legislative chamber of Oliy Majlis held its regular meeting. At this meeting, deputies in the first reading adopted draft Law “On amendments and additions to certain legislative acts of the Republic of Uzbekistan due to further strengthening of guarantees of the rights and legitimate interests of owners” (the “Draft Law”).