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Export and investment development

The Government Resolution (No. 601, 06.10.2020) approved the Regulation on the Government Commission for the Development of Export and Investment. In accordance with the Regulation, the Deputy Prime Minister for Investments and Foreign Economic ...

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International Commercial Arbitratio

At the seventh plenary session of the Senate of the Oliy Majlis, the Law of the Republic of Uzbekistan “On International Commercial Arbitration” was discussed. During the discussion, it was noted that there was a need for legal regulation of the ...

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Government adopts post-crisis program for economic recovery

The Cabinet of Ministers has approved a program for the restoration of economic growth in 2020-2021 and the continuation of systemic structural reforms in the branches of the economy, follows from the report of the Center for Economic Research and ...

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The establishment of state-owned companies was restricted In Uzbekistan

President Shavkat Mirziyev has signed decree «On additional measures for further development of competitive environment and reduction of state participation in economy». On 1 October, companies with State participation, affiliated persons and State ...

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Tourism will be supported by new benefits and subsidies

President Shavkat Mirziyoyev signed the decree «On additional measures for the development of the tourism industry with strict observance of the requirements of the enhanced regime of sanitary and epidemiological security». ince August 1, the «open ...

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The Central Bank will take steps to maintain an acceptable interest policy in banks

A macroeconomic analysis shows that, amid expectations that inflation will decline to 11-12.5 percent by the end of this year, and to 9 percent by the end of 2021, banks will set interest rates on deposits up to 23 percent enhances interest rate ...

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Business support

The Decree of the President «On the next measures to support the population and business subjects during the coronavirus pandemic» has been adopted. According to the Decree, for the period from 1 June to 1 September 2020, property and land taxes ...

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Digital economy

President Shavkat Mirziyoyev signed a decree “On measures for the widespread adoption of the digital economy and e-government” The main tasks are defined: the formation of a digital economy, providing for an increase in its share in the country’s ...

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Blockchain Valley

A project of the Uzbekistan Blockchain Valley will be at the National Agency for Project Management This kind of experimental valley that provide special legal regimes to their participants for testing digital technologies and developing ...

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Uzbekistan adopted anti-crisis measures

President Shavkat Mirziyoyev signed a decree “On priority measures to mitigate the negative impact of the coronavirus pandemic and global crisis on the national economy”. In accordance with the Decree, the Anti-Crisis Fund in the amount of 10 ...