PRESIDENTIAL DECREE OF THE REPUBLIC OF UZBEKISTAN

of November 13, 2012 No. UP-4483

About formation of the State committee of the Republic of Uzbekistan on privatization, demonopolization and development of the competition

For years of independence large-scale work on privatization of state-owned property is carried out, its realization it is preferential in private property, over 31 thousand state companies and objects as a result changed pattern of ownership.

More 82, percent of the made gross domestic product, over 90 percent of industrial output and amounts of contract works, almost all products of agricultural industry and the sphere of trade fall to the share of the non-state sector of economy now.

Deepening of processes of privatization, reducing presence of the state at economy and increase in role and value of private property remain the most important priority of social and economic development to perspective.

At the same time many questions connected with domination of natural monopolies and forming of organizational and practical measures on carrying out effective anti-monopoly regulation, forming of real competitive environment, stimulation of increase in competitiveness of the companies and products made by them, national economies in general continue to remain unresolved.

In this plan the great value acquires acceptance of specific measures for realization of the regulations and requirements provided by recently adopted Law of the Republic of Uzbekistan "About the competition", having paid special attention on non-admission of the actions leading to restriction of the competition in the goods and financial markets and to abuse of dominant position and also on prohibition of unfair competition, artificial overestimate or understating of goods prices (work, service).

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