The Concept of Development of the Water Economy of the Republic of Uzbekistan for 2020-2030 was approved
In the course of reforms aimed at the efficient and conscious use of land and water resources, on 10 July 2020, the President of the Republic of Uzbekistan approved the Concept for the Development of the Water Economy for 2020–2030 (the “Concept”).
The system of pre-trial settlement of disputes will be improved in Uzbekistan
In order to enhance the tools for alternative dispute resolution, improve the dialogue between state bodies and the population and protect their rights, the President of the Republic of Uzbekistan signed a Resolution “On measures to improve further mechanisms for alternative dispute resolution” No.ПП-4754 dated 17 June 2020 (the “Resolution No.ПП-4754”).
The State Tax Committee adopted the Regulation on the procedure for conducting on-site tax audits
The Tax Committee approved the Regulation on the procedure for conducting an on-site tax audit (hereinafter referred to as the "Regulation") within the framework of Article 139 of the Tax Code by the Resolution "On approval of the Regulation on the procedure for conducting an on-site tax audit" No. 3247 dated 18 June 2020.
The National Strategy for improvement of mechanisms on human rights and freedoms is defined
The President of the Republic of Uzbekistan signed the Decree "On approval of the Republic of Uzbekistan's National strategy on human rights" No.УП-6012 from 22 June 2020 (the “Decree No.УП-6012”) that envisages the adoption of a long-term strategy for the protection of human rights and freedoms.
Investment Company JSC "UzAssets" is formed by the Decree of the Cabinet of Ministers
The Cabinet of Ministers adopted the Resolution “On additional measures to improve the privatization processes” No.381 dated 15 June 2020 (the “Resolution No.381”) to implement investment projects using advanced foreign experience. Within this framework, the Decree No.381 established an investment company JSC "UzAssets”, the founder of which is the State Assets Management Agency.
Anticorruption Agency of the Republic of Uzbekistan
In accordance with the Decree of the President of the Republic of Uzbekistan “On additional measures to improve the system of combating corruption in the Republic of Uzbekistan” No.УП-6013 dated 29 June 2020 (the “Decree No.УП -6013”) there was established an Anticorruption Agency of the Republic of Uzbekistan (the “Agency”) in order to improve the effectiveness of public policies aimed at preventing and combating corruption in all spheres of society and the State.
A Draft Law of the Republic of Uzbekistan “On Limited Partnership”
For the purposes of further improving legal conditions to attract investments to the Republic of Uzbekistan and implementing investment projects, a draft Law “On Limited Partnership” (the “Draft Law”) was prepared and published for public discussion.
The unified procedure of implementing public-private partnership projects has been approved in Uzbekistan
According to the Resolution of the Cabinet of Ministers “On Improvement of the Procedure of Implementation of Public-Private Partnership Projects” No.259 dated April 24, 2020 (the “Resolution No.259”), the mechanism of forming and approving prices for products under public-private partnership projects (the “PPP”) has been determined.
On approval of the Regulation on the tender commission for public-private partnership projects
Regulation on Tender Commission for Public-Private Partnership Projects having been approved, defines the procedure of formation, activities and authorities of the Tender Commission for Public-Private Partnership Projects, as well as establishes qualification requirements for its members.
The first cryptocurrency exchange has been opened in Uzbekistan
On January 20, 2020, the first crypto exchange named UzNEX
Improved state construction control procedure will be introduced in Uzbekistan
The Resolution of the President dated February 5, 2020 envisages a new, improved procedure for state control in the field of construction