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Uzbekistan wants to issue debut Eurobonds by 2018
Uzbekistan plans to get a sovereign rating before the end of 2018 and issue its debut Eurobonds. This was reported by Reuters, quoting the First Deputy Chairman of the Central Bank of Uzbekistan Timur Ishmetov.
New free economic zone "Bukhoro-Agro" was created in Bukhara region
On July 10, Uzbek President Shavkat Mirziyoyev signed the Decree on the creation of the free economic zone "Bukhoro-Agro" in the Bukhara region (FEZ).
Six small industrial zones were created in Namangan region
On July 2, 2018, the President signed the Resolution "On measures to create small industrial zones in the Namangan region"
The procedure for licensing the right to use subsoils is adjusted
Resolution of the Cabinet of Ministers No. 443 approved the Regulations on the procedure for issuing licenses for the right to use subsoils containing non-metallic minerals, which has modified the process for obtaining a permit for the right to use subsoils.
Shavkat Mirziyoyev issues decree approving Concept for Improving Uzbekistan’s Taxation Policy
President Shavkat Mirziyoyev, by his June 29 decree, approved the Concept for Improving Uzbekistan’s Tax Policy, which is aimed at “reducing the tax burden, simplifying the taxation system and improving tax administration" and which has been prepared based on the recommendations of the International Monetary Fund, the World Bank and other experts, with its draft passing public discussion.