“On Guarantees and Measures of Protection of Foreign Investors' Rights”.
According to the Law of the Republic of Uzbekistan “On Guarantees and Measures of Protection of Foreign Investors' Rights” together with common guarantees and measures of protection of foreign investors, additional guarantees and measures of protection including ones providing absolute fulfillment by the partners of their obligations to foreign investors, can be granted by the legislation.
Additional guarantees and measures of protection can be granted to foreign investors in every particular case under investment to the following:
- to priority branches providing stable economic growth and progressive structural changes of country's economy;
- to priority projects providing consolidation and expansion of export potential of the republic, its integration into global economic cooperation;
- to the projects of small business which realization is directed to processing of raw materials, primary goods, production of consumer goods and services, assurance of employment of population.
Additional guarantees and measures of protection to foreign investors can include granting of the government's guarantee of the Republic of Uzbekistan, rendering of assistance in financing of investment projects, establishment of a special tax and payment regime, the state monitoring of realization of projects and other measures in accordance with the legislation.
Additional guarantees and measures of protection are granted to foreign investors by the special Government's decisions in which in particular, conditions and order of investment, use and security of recoupment of foreign investments are provided.