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20.03.2019
The Agreement on Trade and Economic Cooperation between the EAEU and its Member States with China has been ratified
President of the Kyrgyz Republic Sooronbay Jeenbekov signed the Law of the Kyrgyz Republic “On ratification of the Agreement on Trade and Economic Cooperation between the Eurasian Economic Union and its member states, on the one hand, and with China, on the other hand, signed on May 17, 2018 in Astana”
Criteria for determination of oil and gas activities and non-public sector
By Resolution #56 dated 18 February 2019, the Cabinet of Ministers approved criteria for determination of oil and gas activities and non-public sector for the purposes of article 101.1-4 of the Tax Code and 14.7 of Social Insurance Law.
Government resolution approves regulation on procedure for implementing PPP projects
A government resolution approved a regulation on the procedure for implementing a public-private partnership in financing the development of projects for the detailed planning of parts of localities.
Draft law on toll roads has been published for discussion
The draft law regulates relationship in the field of construction, maintenance and operation of toll roads. The State Highway Committee introduced a proposal for the regulation of toll roads in Uzbekistan.
19.03.2019
Ministry of Economy and Industry introduced a draft law «On privatization of the non- agricultural land plots»
The draft law is available in Russian language at: https://regulation.gov.uz/ru/document/2553
19.03.2019
New legislative developments in the Republic of Uzbekistan
• Excise taxes on cigarettes have been increased.
• Bureaucratic costs to be reduced.
• Small-scale miners to be “legalised”.
• New corridors at customs posts.
• Foreign investors are welcome!
• Public preview of applications for trademark registration.
• Redemption payments in the framework of privatisation.
• Nostrification of foreign diplomas is simplified.