There has been approved the procedure for issuing permits for the right to use subsoil plots in Uzbekistan
In accordance with the Decree of the President of the Republic of Uzbekistan “On measures to further stimulate geological exploration and improve the procedure for taxing subsoil users” No.УП-6319 dated October 6, 2021 from January 1, 2022
In the rankings, released by Chambers & Partners, GRATA International has confirmed its standing as one of the leading firms in Central Asia and Caspian region. Teams in Azerbaijan, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan received ratings across major practice areas.
Uzbekistan establishes a special procedure for placing the rights to use a subsoil plot for competitive bidding
The Decree of the President of the Republic of Uzbekistan “On measures for further stimulation of geological exploration works and improvement of the procedure of taxation of subsoil users” No.УП-6319 dated October 6, 2021 (the – “Decree No.УП-6319”) provides for a special tender procedure for the right to use the subsoil for geological exploration or mining in previously explored areas with commercial potential.
JSC “Uzbekgeologorazvedka” is being established in Uzbekistan
According to the Resolution of the President of the Republic of Uzbekistan “On additional measures to actively attract investment in the field of geology, transformation of industry enterprises and expanding the mineral resource base of the republic”
The government of Uzbekistan has adopted the Administrative regulation for the provision of public services for the issuance of hydrogeological conclusions
On January 8, 2021, the Cabinet of Ministers of the Republic of Uzbekistan adopted a Resolution “On measures of further improving the procedure for issuing permits for the use of underground waters”.
In the recently released Chambers Asia-Pacific 2021 Guide, GRATA International was as one of the leading firms in the region with ranked offices in Azerbaijan, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan.
Amendments to the legislation of Uzbekistan
On December 2, 2020 the President of the Republic of Uzbekistan has approved the Law “On amendments to certain legislative acts of the Republic of Uzbekistan in connection with the adoption of measures to mitigate the negative impact on economic sectors of the coronavirus pandemic and global crisis phenomena”.
In September 2020 GRATA International in Kazakhstan became the most read contributor among other authors.
Georgian National Energy and Water Supply Regulatory Commission adopted the Ordinance on the Approval of the Rules on Licensing and Notification of Energy Activities
On 4 June 2020, the Ordinance of the Georgian National Energy and Water Supply Regulatory Commission was published on the Approval of the Rules on Licensing and Notification of Energy Activities was published on the website of Legislative Herald of Georgia.
The firm rises in the rankings released by Legal 500 and takes positions in eight jurisdictions – Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Russia, Tajikistan and Uzbekistan.
Uzbekistan imposed sanctions for mining without a license
This rule provides for stricter liability measures
Legal reform in the energy sector is to be introduced in Uzbekistan
The Ministry of Energy, along with the Asian Development Bank and the World Bank, has begun to develop a model for a competitive electricity market.