JD Supra Uzbekistan

Publisher:: JD Supra
Publication date:: 2019-04-29

Publisher

JD Supra (81)

Law Firm

Latest documents

Goods without mandatory digital label cannot be imported into and sold in Uzbekistan
The Republic of Uzbekistan has adopted the Resolution “On measures to implement pilot projects to expand the list of goods subject to mandatory digital labelling” No. 322 dated 20 May 2021 to prevent the illegal import and sale of certain types of consumer goods within the country.
Uzbekistan is planning to extend copyright to 70 years, offer statutory liquidated damages for copyright infringement and introduce a fast-track route for trademark registration
As part of action plans to strengthen IP protection and prepare for accession to the WTO, a draft bill was developed and approved in the first reading by the Lower Chamber of the Parliament...
Uzbekistan launches program to attract investment into mining
On April 21, 2021, the President signed Resolution No. PP-5083 on additional measures to actively attract investment into mining.
Uzbekistan: Access to online resources to be restricted in case of non-compliance with data localization requirement
As we reported earlier, the Law “On Personal Data” was amended in January 2021. The amendments prescribe a new obligation on localizing the personal data of Uzbek citizens.
Uzbekistan revamps the Law on Regulatory Legal Acts
The President of Uzbekistan signed a new amended Law on Regulatory Legal Acts (Law), which entered into force on April 20, 2021. The Law has revamped the procedure for drafting and adopting regulatory legal acts (legal acts) by making it more transparent and streamlined.
Uzbekistan plans to establish an independent electricity and natural gas regulator
In the first quarter of 2021, a draft of Presidential Resolution “On Additional Measures to Reform the Electric Energy Industry” has been announced which aims to establish a competitive electricity market in Uzbekistan between 2020 and 2025.
Uzbekistan enacts Law on Environmental Audit
On March 16, 2021, the Law No. ZRU-678 “On Environmental Audit” was adopted (Hereinafter – “the Law”), which defines such an audit as a systematic, documentary, independent assessment of economic and other activities for compliance with the requirements of regulatory documents in the field of technical regulation and regulations on environmental protection and reasonable use of natural resources.
Uzbekistan ramps up privatization process
On February 11, 2021, the President of Uzbekistan signed decree no. 6167 (Decree) promoting ongoing privatization processes in the country. Specifically, the Decree aims to put up for sale two sets of state assets to be sold through a bidding process starting in March and April. Furthermore, the Decree widens the competence of the State Tender Commission (STC), a ministerial collective body in charge of the privatization of state assets of special importance.
Uzbekistan requires UBO disclosure for company registration
Starting from March 4, 2021, the state registration of a new company in Uzbekistan requires disclosure of its ultimate beneficiary owner (UBO). Government resolution no. 763 dated December 2 2020 (Resolution 763), has revolutionized the registration procedure that has existed in the country since 2017.
Uzbekistan takes further steps to ensure the transparency of public procurement through the public disclosure of information on beneficial owners and founders
The Roadmap for ensuring the Republic of Uzbekistan's inclusion in the Open Budget Survey of the International Budget Partnership from 2020, which was adopted by the Resolution of the President in 2019, provided for the evaluation and publication of state budget expenses by types of beneficiaries.