Prospects for international cooperation in law and business
Tashkent hosted an international conference on “Prospects for international cooperation in the field of law and business”, devoted to the guarantees of foreign investors rights in Uzbekistan, measures for their protection, and issues of studying international experience in this direction.
The event was organized by “Prae legal” international law firm and Uzbekistan Lawyers Chamber. The conference was attended by leading law firms and investors from such countries as France, Spain, China, Denmark, Pakistan, Afghanistan, representatives of relevant ministries and agencies of Uzbekistan.
The purpose of the event is to show foreign entrepreneurs the investment attractiveness of Uzbekistan and discuss business projects.
It was noted that under the leadership of the President of Uzbekistan Shavkat Mirziyoyev, large-scale activity is being carried out on liberalizing economy, attracting foreign investors and international financial institutions, which can use numerous benefits provided to foreign organizations. Well-organized and coordinated work of state bodies in the sphere of investments is being provided, the order of their development is being simplified.
At the event, reports were heard on formation of portfolio of investment proposals, their acceptability. Legal solutions of the application of “open door” policy for foreign investments, guarantees of profits withdrawal were discussed.
Following the event, foreign investors agreed to continue consultations on procedure of profits return, protection of investors' rights, study international norms and Uzbekistan’s experience.
Ulugbek Shonazarov, UzA