RESOLUTION OF THE PRESIDENT OF THE REPUBLIC OF UZBEKISTAN

of November 13, 2019 No. PP-4519

About measures for creation and the organization of activities of council of foreign investors in case of the President of the Republic of Uzbekistan

For the purpose of further improvement of the investment climate in the country, expansions of attraction of direct foreign investments in priority industries of economy and other important spheres, the organizations of high-quality investment process taking into account the best international practices, and also according to the resolution of the President of the Republic of Uzbekistan of August 6, 2018 No. PP-3900 "About measures for further expansion and deepening of partnership with the European Bank for Reconstruction and Development":

1. Create Council of foreign investors in case of the President of the Republic of Uzbekistan (further - Council).

2. Determine the main objectives of Council:

consultation of the Government of the Republic of Uzbekistan on the most important directions of investment, industrial and technological and innovative development of the country proceeding from the most successful experience and achievements of world practice;

direct participation in creation of the favorable investment climate and effective mechanisms of stimulation of domestic and foreign entrepreneurs to investment into priority industries of economy, and also regions of the country for the purpose of the organization of modern productions for release of competitive export-oriented products, and also assistance to active investment attraction, first of all direct foreign investments, and to development of mutually advantageous trade;

ensuring effective interaction of state bodies and business entities with the foreign companies, banks, investment and other structures, the international financial institutions and the foreign government financial organizations;

identification and the analysis of the key factors interfering investment attraction and activity of investors including foreign, ensuring maintenance of favorable business environment and investment climate in the republic;

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