In accordance with the Resolution of the Cabinet of Ministers “On Amendments and Additions to the Regulation on the Procedure of Granting of Land Leases of the State Forest Fund” No.50 dated February 3, 2021 (hereinafter – the “Resolution No.50”), the right to lease a land plot of the Forest Fund shall be sold through auction.
Traceability of goods on the territory of the EAEU
On February 3, 2021, the Agreement on the mechanism of traceability of goods imported to the customs territory of the Eurasian Economic Union entered into force.
Moldova extended until June 30 the deadline in which companies from Transnistria can import goods through the checkpoints Pervomaisk-Cuciurgan, Goianul Nou-Platonovo and Novosavitskoe-Cuciurgan in a preferential mode, without collecting import or export duties from them.
GRATA International China in China Business Law Journal: Deals of the Year 2020
We are pleased to announce that two of GRATA International Beijing office’s successful projects have been selected as the winners of China Business Law Journal: Deals of the Year 2020.
The President of the National Bank of Georgia adopted the Order on the Approval of the Rule on Insider Trading, Illegal Disclosure of Insider Information and Market Manipulation
On 8 October 2020, Order of the President of the National Bank of Georgia on the approval of the Rule on Insider Trading, Illegal Disclosure of Insider Information and Market manipulation was published on the website of the Legislative Herald of Georgia.
Parliament of Georgia adopted the Organic Law of Georgia on Amendments to the Organic Law of Georgia - Local Self-Government Code
On 05 January 2021, the Organic Law of Georgia On Amendments to the Organic Law of Georgia “Local Self-Government Code of Georgia” was published on the website of the Legislative Herald of Georgia.
EC grants Uzbekistan the status of a beneficiary of the GSP +
On 30 November 2020, the European Commission took an early positive decision on the application of the Republic of Uzbekistan to obtain the status of a beneficiary of the Generalized System of Preferences plus (the “GSP +”).
New incentives for value added tax (VAT) and customs duties in Uzbekistan
To support the import of new technological equipment that is not produced in Uzbekistan, Article 6 of Article 246 of the Tax Code of the Republic of Uzbekistan provided for the exemption of such equipment from VAT.
The Ministry of Economic Development of the Russian Federation plans to grant a residence permit to foreign citizens who are investing in Russian business. This bill is aimed at simplifying the stay of investors in the country.
On November 30, 2020, at a meeting of the Government of the Russian Federation, it was decided to extend the moratorium on scheduled inspections in relation to small businesses. The document was published on the website of the Government of the Russian Federation.
USD 457.8 million will be invested into the Uzbekistan’s electric power complex
The Cabinet of Ministers of the Republic of Uzbekistan approved the electric power investment project “Introduction of an automated system for accounting and control of electricity in the Republic of Uzbekistan” worth USD 457.8 million. The Resolution on this matter was adopted on October 30, 2020.
In Uzbekistan there has been determined a new Investor of the project on renewable energy sources
On October 31, the Cabinet of Ministers adopted Resolution No.ПКМ-667 “On additional measures for the implementation of the investment project “Construction of a 100 MW photovoltaic power plant in Navoi region”” (the “Resolution No.ПКМ-667”).