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Belarus has adopted new rules for leasing and lending state property
On May 16, 2023, the President of Belarus issued Edict No. 138 "On leasing and lending of state property". State property is rented out based on a lease agreement.
GRATA International ranked by Legal 500 EMEA 2023 as a top law firm in Europe, Middle East, and Africa
On April 12, 2023, Legal 500, a global legal directory, released its rankings of leading law firms and lawyers in Europe, Middle East and Africa - Legal 500 EMEA 2023. The rankings reveal that GRATA International has maintained its success from the previous year, with strong rankings in Azerbaijan, Georgia, Kazakhstan, Tajikistan and Uzbekistan.
Belarus has updated the procedure for the seizure and allotment of land plots
The entry into force of the new edition of the Land Code required amendments in by-laws. The government has approved 21 new regulations.
Uzbekistan adopts Law on state registration of rights to real estate
The President of the Republic of Uzbekistan signed the Law “On state registration of rights to real estate” No. ЗРУ-803 dated November 28, 2022 (the “Law No. ЗРУ-803”), which is aimed at regulating relations in the sphere of state registration of rights to real estate.
New Land Code
From January 1, 2023 the main part of the provisions of the new edition of the Land Code (hereinafter referred to as the Code) comes into force.
There have been taken steps to boost private investment and further build confidence in the business community in Uzbekistan
The President of the Republic of Uzbekistan adopted Decree “On regular reforms to create conditions for stable economic growth by improving the business environment and developing the private sector” No.УП-101 dated April 8, 2022 (the – “Decree No.УП-101”).
There has been established the procedure for privatization of non-agricultural land plots in Uzbekistan
The Cabinet of Ministers adopted the Resolution “On measures to implement the Law of the Republic of Uzbekistan “On the privatization of non-agricultural land plots” No.71 dated February 14, 2022 (the “Resolution No.71”).
There have been adopted the Law “On insurance activities” in new edition in Uzbekistan
On November 23, 2021, the President of Uzbekistan signed the Law “On insurance activities” No.ЗРУ-730 (the “Law No.ЗРУ-730”), which enters into force after 3 (three) months.
A new regulation on the procedure for the conservation of fixed assets.
Since November 1, 2021, a new regulation on the procedure for the conservation of fixed assets shall have come into force. It is going to replace the previously valid Resolution of the Council of Ministers No. 683 of 22.05.2003.
GRATA International advices Coca-Cola Içecek Anonim Şirketi (CCI) in one of the largest privatizations in Uzbekistan
GRATA International has advised Coca-Cola Içecek Anonim Şirketi (CCI), the Coca-Cola bottler for Turkey, Central Asia, Pakistan and the Middle East, in its successful bid for acquisition of 57.118% state shares in Coca-Cola Bottlers Uzbekistan, Ltd (CCBU).