ARTICLE
23 June 2020

How To Enter Into An Investment Agreement With Uzbekistan

U
Unicase Law Firm

Contributor

Unicase is a leading law firm in Central Asia, operating both in the region and globally, including Kazakhstan, Uzbekistan, Kyrgyzstan, and Tajikistan. Unicase boasts one of the most expert teams, renowned for its capabilities in regulation and legislative development, which, combined with extensive transaction experience, enables the firm to win major development projects and remain a preferred adviser on corporate law, M&A transactions, dispute resolution, and legislation. Partners and senior lawyers at Unicase have spent a significant part of their professional careers working with leading international operators, which allows them to understand the expectations of both foreign and local clients regarding the format and content of legal consultations, making Unicase a competitive firm.
The Regulation on the procedure for concluding, changing, terminating and implementing investment agreements between the Government of the Republic of Uzbekistan and foreign...
Uzbekistan Finance and Banking
  • 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.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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