- 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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