According to the Minister of Investments and Foreign Trade Jamshid Khodjayev, a favorable environment for investors has been created in Uzbekistan. There is an effective system for protecting the rights of investors.

Since 2017, the volume of foreign direct investment has increased by 2.5 times and amounted to $8.6 billion. The duty on imports of almost 8,000 types of goods has been reduced. 70 types of business licenses and 34 different types of permits have been canceled. The procedure for registering new business entities has been simplified. Land plots are provided through online auctions.

Work will be actively continued to improve the legal framework to create a favorable investment environment.

M. Qosimova, Bekhruz Khudoyberdiev, UzA

Samarkand