RESOLUTION OF THE PRESIDENT OF THE REPUBLIC OF UZBEKISTAN

of December 21, 2015 No. PP-2454

About additional measures for involvement of foreign investors in joint-stock companies

For the purpose of broad attraction in joint-stock companies of foreign investors and managers, creating favorable conditions for their active participation in corporate management, upgrade, technical and technological rearmament of production, the organization of release of high-quality, competitive products and its promotion on the foreign markets, and also cardinal reduction of presence of the state at economy due to reducing the state assets and shares in the authorized capital of joint-stock companies:

1. Ceased to be valid according to the Presidential decree of the Republic of Uzbekistan of 18.03.2020 No. UP-5968

2. Ceased to be valid according to the Presidential decree of the Republic of Uzbekistan of 18.03.2020 No. UP-5968

3. Assign to the Commission on increase in efficiency of activities of joint-stock companies and enhancement of corporate management system (R. S. Azimov) and complexes of the Cabinet of Ministers:

providing is strict control of reduction at the scheduled time of the operating joint-stock companies according to requirements of this resolution;

development and approval in a month schedules of evaluating and exposure to trading in shares of the joint-stock companies which are subject to realization to foreign investors;

implementation of permanent monitoring of the organization of work on attraction in joint-stock companies of foreign investors;

development and introduction on system basis of offers on further realization of share of the state and bodies of economic board in the authorized capital of joint-stock companies.

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