Atabek Sharipov

Atabek Sharipov
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Atabek Sharipov

Partner, Head of Banking & Finance Practice in Uzbekistan

Atabek is leading GRATA’s banking and project finance practice in Uzbekistan. He focuses on cross-border and secured transactions. He has valid experience of structuring multi-jurisdictional financial transactions, negotiating major terms of foreign law governed financing agreements with the government and local parties, drafting and negotiating domestic law governed project documents for lenders and international investors.

Atabek joined Grata in 2005. He acts for a broad range of financial institutions and foreign investors including development banks, private companies and major financial institutions, private banks and trading firms. He advises on all aspects of Uzbek corporate and foreign exchange laws, cross border financing including secured transactions. Atabek had been involved in multibillion regional project finance deals including under China – Central Asia Gas Pipeline Project for which GRATA was awarded the Best Project Finance Deal of the Year by the ALB Law Awards 2009. Atabek has been consistently praised for his performance in Chambers and Partners 2010 and 2011 editions.

Practice areas:

  • Banking & Finance.
  • Islamic Finance.
  • Aircraft Finance.
  • Corporate.
  • M&A.
  • Intellectual Property.


  • 2001 (Hons) – National University of Uzbekistan.
  • 1995 (Hons) – Institute of Oriental Studies, Tashkent.
  • 1992 – Beijing Institute of Foreign Languages.


  • English.
  • Russian.
  • Uzbek.
  • Portuguese.
  • Chinese.
  • Advising a consortium of major foreign lenders on matters of Uzbek law in connection with a cross-border sovereign aircraft financing.
  • Advising on lending and security transactions and acting for leading Japanese banks under Turkmen and Uzbek law.
  • Advising Islamic Development Bank on various aspects of Uzbek law in its first Sharia-compliant aircraft financing in Uzbekistan.
  • Advising a consortium of foreign banks on the structure and enforceability of Uzbek law governed security arrangements in a major US 4.0 billion oil and gas project finance transaction aiming to support upstream and downstream capacity under Surgil Gas Chemicals Project.
  • Advising a consortium of major Chinese banks in connection with the US 3.5 billion project finance transaction involving construction of the Central Asia Gas Pipeline.
  • Advising on general regulatory matters of Uzbek law, conducting due diligence check and analysis with respect to target companies, assisting with finance and security structure under the first direct private sector Islamic lending in Uzbekistan with ICD.
  • Advising Indorama Textiles Group on matters of Uzbek commercial law and security arrangements under USD 45 million investment project in Ferghana Valley.
  • Advising Korea Development Bank on a range of project finance and commercial issues.
  • Advising and acting for the sponsors’ consortium consisting of a major Malaysian national petroleum corporation and a South-African private corporation on bankability aspects for construction, maintenance, and operation of the major GTL Plant in Uzbekistan worth US$ 3.5 billion.
  • Conducting full legal due diligence of the largest beer brewer in Uzbekistan for a leading Turkish beer brewing company with the view of corporate acquisition.
  • Structuring and acting on behalf of the client inequity consolidation transactions involving a German development finance institution.
  • Structuring and acting on behalf of the client in equity consolidation transactions involving a Russian cable manufacturer.
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Chambers & Partners, Band 3, 2024

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IFLR 1000, 2023

Highly regarded, (Banking, Project finance)

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Chambers & Partners, Band 3, 2023


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Partners of GRATA International in China, Kazakhstan, Kyrgyzstan and Uzbekistan participated in the 11th MINEX Eurasia Forum

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The first offline meeting of the “Banking & Finance” Committee in Uzbekistan

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Chambers Asia-Pacific 2022 released


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Uzbek banking sector COVID-19