Revocation of Exclusive Business Rights
As of April 1, 2025, a new presidential decree will come into effect in Uzbekistan, aiming to promote competition in the economy and bolster the role of the private sector. The decree, titled “On Measures to Develop Competition in the Economy and Further Enhance the Role of the Private Sector,” will mark the end of exclusive rights for several business entities in specific sectors.
Some of the major changes include the following:
– “Uzbekexpertiza” JSC and its regional branches will no longer have exclusive rights to certify property imported for production needs by enterprises with foreign investment.
– The exclusive rights of “UzEngineering” Design Institute to develop pre-project and project documentation for investment projects will be abolished.
– “National PR Center” will no longer have exclusive rights to produce and broadcast advertising services, reports, and promotional videos for foreign companies promoting Uzbekistan’s tourism potential on foreign TV and radio companies and other mass media.
– Sag Agro LLC will no longer maintain exclusive rights to provide mechanization services for agricultural technical measures to walnut producers.
– The “Uzbekistan Institute of Standards” will no longer hold exclusive rights to translate national standards into other languages under contract.
Furthermore, the responsibilities of the “Tourism Services Certification Center” for certifying tour operators, accommodation facilities, ski slopes, and beaches, as well as assigning categories to them and conducting inspection control over their compliance with standardization requirements, will now be transferred to the Tourism Committee.
These changes are expected to open up new opportunities for competition and growth in the specified sectors, ultimately benefiting the economy and private enterprises in Uzbekistan. Stay tuned for more updates on the implementation of these reforms.
