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RESOLUTION OF THE CABINET OF MINISTERS OF THE REPUBLIC OF UZBEKISTAN

of July 24, 2019 No. 621

About the organization of activities of the Agency on attraction of foreign investments under the Ministry of investments and foreign trade of the Republic of Uzbekistan

In pursuance of the resolution of the President of the Republic of Uzbekistan of January 28, 2019 "About the organization of activities of the Ministry of investments and foreign trade of the Republic of Uzbekistan" the Cabinet of Ministers decides No. PP-4135:

1. Determine the main objectives and activities of the Agency on attraction of foreign investments under the Ministry of investments and foreign trade of the Republic of Uzbekistan:

participation in realization of the single state investment policy directed to attraction in economy of the republic of foreign investments, creating favorable conditions for foreign investors taking into account economic, social and ecological interests of the country;

information, legal and other support of foreign investors, and also assistance by it in the organization of interaction with state bodies and the organizations, domestic entrepreneurs in the sphere of investing activities;

forming and maintaining the information database of perspective and implementable investment projects with participation of foreign investments, conducting system monitoring of condition of their realization;

the organization of broad promotion and promotion of economic, resource and investment potential of the republic, carrying out explanatory work among foreign business community, including by means of mass media, about the created favorable conditions, guarantees, privileges and preferences provided to foreign investors;

every possible assistance in forming and maintenance of positive international image of the Republic of Uzbekistan.

2. Approve Regulations on the Agency on attraction of foreign investments under the Ministry of investments and foreign trade of the Republic of Uzbekistan (further - the Agency) according to appendix.

3. Transfer to the Agency on a grant basis property, plant and equipment (inventory items) and money, free from obligations, of the abolished Fund of financing of state programs of development of the Republic of Uzbekistan under the Cabinet of Ministers of the Republic of Uzbekistan.

4. To the Ministry of Finance of the Republic of Uzbekistan to allocate by reasonable calculations necessary funds for expenses of the Agency within implementation of this resolution for 2019 - within parameters of the Government budget of the Republic of Uzbekistan and since 2020 - annually to provide in parameters of the budget for the corresponding year.

5. To the ministry of investments and foreign trade of the Republic of Uzbekistan together with Council of Ministers of the Republic of Karakalpakstan and khokimiyats of areas in two weeks to take measures for accommodation of regional representatives of the Agency on assistance to investors, equipment of rooms furniture, necessary technical means and types of communication.

6. To impose control of execution of this resolution on the deputy prime minister of the Republic of Uzbekistan concerning investments and foreign economic relations E. M. Ganiyev and the minister of investments and foreign trade of the Republic of Uzbekistan S. U. Umurzakov.

Prime Minister of the Republic of Uzbekistan

Abdullah Aripov

 

Appendix

to the Resolution of the Cabinet of Ministers of the Republic of Uzbekistan of July 24, 2019 No. 621

Regulations on the Agency on attraction of foreign investments under the Ministry of investments and foreign trade of the Republic of Uzbekistan

Chapter 1. General provisions

1. This Provision determines the status, tasks, functions, the rights, responsibility, procedure for the organization of activities of the Agency on attraction of foreign investments under the Ministry of investments and foreign trade of the Republic of Uzbekistan (further - the Agency), and also functional obligations and responsibility of his heads.

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