Foreign trade is being simplified in Uzbekistan from August 1
Pursuant to the Resolution of the Cabinet of Ministers “On Additional Measures to Further Simplify Customs Administration and Procedures” No.429 dated July 8, 2021 (the “Resolution No.429”) established that starting from August 1, 2021.
There have been adopted measures to develop mining and metallurgical industry in Uzbekistan
The Presidential Resolution “On additional measures to improve the mining and metallurgical industry and related industries” No.ПП-5159 dated June 24 (the “Resolution No.ПП-5159”) was adopted in Uzbekistan.
Uzbekistan adopts new Law in the field of licensing and permitting procedures
The President of Uzbekistan signed the Law “On licensing, permitting and notification procedures” No.ЗРУ-701 dated July 14 2021 (the “Law on licensing”).
Procedure of public procurement by corporate customers has been changed in Uzbekistan
The President of Uzbekistan approved the Resolution “On additional measures to ensure transparency and increase the efficiency of public procurement” No.ПП-5171 dated on July 2, 2021.
EBRD, J.P. Morgan and Moody’s have improved their economic forecasts for Uzbekistan
In its recently published analytical report titled “Uzbekistan: Soum'er Solstice”, the investment bank J. P. Morgan included Uzbekistan into the list of countries that achieved high sustainable growth rates in Central Asia, Eastern Europe, the Middle East and Africa.