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The Regulation on the procedure for concluding, changing, terminating and implementing investment agreements between the Government of the Republic of Uzbekistan and foreign...
The Regulation on the procedure for
concluding, changing, terminating and implementing investment
agreements between the Government of the Republic of Uzbekistan and
foreign investors has been adopted Decree of the Cabinet of
Ministers No.264 dated April 30, 2020).
An investment agreement with the government is concluded, inter
alia, to provide the investor with additional guarantees and
support measures (benefits and preferences) in addition to those
established by law. This can be a government guarantee, special
customs, tax and payment regime, assistance in the implementation
of projects, inclusion in the investment program, etc. But you
cannot give the investor exclusive rights that create its dominant
position in the market.
Originally published June 17, 2020.
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