The Uzbek government intends to create a binding roadmap for economic reforms based on 120 proposals from foreign investors. These recommendations were developed during the Tashkent International Investment Forum, which brought together international investors, development banks, and financial institutions.
The government plans to closely monitor the implementation of these proposals and report progress directly to President Shavkat Mirziyoyev. The recommendations cover various areas, including banking, the energy sector, artificial intelligence, capital markets, and corporate governance.
Mirziyoyev emphasized that the investors’ proposals have already led to adjustments in tax law and financial supervision. The Council of Foreign Investors has grown from 54 to 85 member companies over the past year and represents firms from 23 economic sectors.
Ongoing reforms include plans for an international financial center in Tashkent and the intention to join the OECD Declaration on International Investment to align the country’s investment framework with international standards.
Source: de.euronews.com
