Uzbekistan – September 1-30, 2019
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UZBEKISTAN – SEPTEMBER 1-30, 2019 Top News of the period ..................................................................................................................................................................... 2 Uzbekistan announces Investment Visa 2 Politics and Law ..................................................................................................................................................................................... 2 Private notary offices are being created in Uzbekistan 2 Uzbekistan plans to implement infrastructure projects with World Bank 4 A new stage of reforms in agriculture has been identified 4 Cooperation prospects in information and mass communications are discussed [between Uzbekistan and Benelux countries] 5 Economy and Finance ......................................................................................................................................................................... 5 Uzbekistan plans to introduce luxury tax 5 Uzbekistan VAT could be cut to 15% 6 AIIB implements 2 multi-million dollar projects in Uzbekistan (Exclusive) 6 Business 7 Another major petrochemical project is viable in Karakalpakstan - Uzbekneftegaz chief 7 Chinese company to produce pickups in Uzbekistan 7 New shoes production plan opens in Ferghana region 8 European Commission: Uzbekistan to become one of most attractive investment destinations in Central Asia (Exclusive) 8 Uzbekistan plans to build a mining and metallurgical complex for US$1.3 billion 9 US$ 1.8 billion wind farm to be erected in Bukhara province 9 Uzbekistan to host International Robotics Challenge 10 Bukhara launches renewable energy investment project 10 New types of import-substituting and export-oriented products to be produced in Karakalpakstan 10 Uzbekistan establishes FEZ Nukus 11 Uzbekistan attracting experts from EU to help manage energy industry 12 A new cotton picking system is being created in Syrdarya region 12 Tourism and Culture .......................................................................................................................................................................... 13 Interface Tourism Group to help Uzbekistan to promote tourism brand abroad 13 Chinese Loong Air to launch a charter flight to Uzbekistan 13 Uzbekistan Turns To Foreign Social-Media Stars To Boost Tourism 14 Uztemiryolyolovchi launches a new railway ticket sales system 14 New terminal to be built at Samarkand airport 15 Navoi launches Ecotourism Center 15 Uzbekistan Airways to launch direct flights to Germany 15 Kokand is included in the list of World Crafts Cities 16 //////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////// 4/03/2019 Uzbekistan, September 1-30, page 1 of 16 2019 TOP NEWS OF THE PERIOD Uzbekistan announces Investment Visa The September 19 presidential decree has supplemented the list of (non-electronic) visas categories with the new type of visa, the Ministry of Justice said. The Investment Visa has been added to Vatandosh (Uzbek-natives), Student visa, Academic visa, Medical visa and Piligrim visa announced earlier this year. It is issued to foreign citizens and stateless persons who invest 1.723 billion soums, or over 183.1 thousand dollars. The Investment Visa shall be valid for three years. Tashkent Times – tashkenttimes.uz Only soums can be withdrawn from Uzbekistan ATMs as of October 1 As of October 1, 2019, only soums can be withdrawn from Uzbekistan ATMs accepting international cards, such as VISA, MasterCard, UnionPay or others. Some ATMs have already been issuing soums only from September 24. While, residents may withdraw cash dollars at the bank's cash desks, in this case, citizens must bring an ID along with the card. According to the Central Bank, the move is aimed at combating the legalization of proceeds of crime. Tashkent Times – tashkenttimes.uz POLITICS AND LAW Private notary offices are being created in Uzbekistan High-quality, prompt provision of notarial services strengthens the trust of citizens. The Decree “On Measures for the Fundamental Reform of the Notary System in the Republic of Uzbekistan” signed by the President envisages precisely these goals. Firstly, from 1 January 2020, private notary offices will be created. These changes will prevent the waiting of queues in notaries and walking around the authorities for the population. A Notary Chamber is created, based on the membership of all notaries. Secondly, a number of requirements are canceled during the execution of transactions related to property. In particular, from 1 January 2020, it is not necessary to obtain the consent of the khokimiyats when disposing of unfinished housing construction, to obtain the consent of the guardianship and trusteeship bodies when renting (renting) property on behalf of a person under guardianship. Thirdly, the mandatory notarial procedure for certifying a number of transactions is canceled. In particular, from 1 October 2019, a notarized power of attorney for the right to use and drive vehicles between close relatives is canceled. //////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////// 4/03/2019 Uzbekistan, September 1-30, page 2 of 16 2019 From 1 January 2020, the mandatory notarization of the agreement on leasing and gratuitous use of enterprises, mortgages, collateral and leasing for the acquisition of property in the primary market is canceled. In accordance with the Decree, from 1 January 2020 the following notarial actions will be implemented: - providing evidence in the pre-trial process in civil law relations; - performance of the duties of a mediator on property and inheritance issues; - confirmation of the date of submission of the created objects of copyright and related rights. From 1 January 2020, the following amenities will be created: - in case of notarization of real estate transactions, verification of information on debts for utilities, the collection of which is the responsibility of the Compulsory Enforcement Bureau, is carried out exclusively through the Bureau’s online information system; - the parties are given the opportunity to notarize transactions in notaries located in different regions by remote servicing in the video conferencing mode; - the electronic form of notarized statements, leases and powers of attorney, placed in an open information system, will have the same legal force as a document in paper form; - it is possible to verify applications, lease agreements and powers of attorney through a unique number when performing notarial acts, on the basis of statements, leases and powers of attorney notarized in the republic without presenting these documents; - the service of preparing the relevant documents and placing them in electronic queue for contacting the notary office is being introduced; - it is possible to obtain copies of available documents from the departmental notary archive through the Unified portal of interactive public services. In accordance with the Decree, until 1 January 2020, 2 experimental notarial offices are created in the Republic of Karakalpakstan and regions, as well as 5 experimental notary offices in the city of Tashkent. The following are implemented in these offices: - execution of transactions not related to the alienation of property, executive inscriptions, evidence of the fidelity of the translation of documents from one language to another using an electronic digital signature; - execution of applications using electronic digital signatures, as well as through video conferencing. The opportunity arises for courier service to deliver to the customer the original of a document drawn up by remote service. Until 1 January 2024, transactions involving the emergence of a right to real estate stored in notarial archives will be digitized. UzDaily – Uzdaily.com //////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////// 4/03/2019 Uzbekistan, September 1-30, page 3 of 16 2019 Uzbekistan plans to implement infrastructure projects with World Bank Uzbekistan plans to implement projects to improve infrastructure, support entrepreneurship and improve living conditions with the participation of the World Bank, a representative of the Ministry of Investment and Foreign Trade of Uzbekistan told Trend in an interview, It should also be noted that Uzbekistan will direct more than $124.1 million for the comprehensive development of medium-sized cities. "The allocated funds will be utilized on the basis of approved action plans for the project," the official said. According to the representative of the Ministry, Yangiyul, Kagan and Chartak were identified as pilot cities in the framework of the project. "The following cities will be determined based on research during the implementation of the pilot project," the official noted. The representative said that the World Bank Board of Directors has approved the provision of a $100 million loan from the International Bank for Reconstruction and Development (IBRD) for Uzbekistan to implement this project. World Bank borrowings will be repaid over 30 years. IBRD is the main lending institution of the World Bank. AzerNews – azernews.az A new stage of reforms in agriculture has been identified On September 6, the President of the Republic of Uzbekistan Shavkat Mirziyoyev held