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RESOLUTION OF THE CABINET OF MINISTERS OF THE REPUBLIC OF UZBEKISTAN

of October 5, 2019 No. 849

About approval of the Regulations on the Center of development of investment projects 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 May 23, 2019 "About additional measures for enhancement of activities of the Ministry of investments and foreign trade of the Republic of Uzbekistan" the Cabinet of Ministers decides No. PP-4332:

1. Approve Regulations on the Center of development of investment projects under the Ministry of investments and foreign trade of the Republic of Uzbekistan according to appendix.

2. 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 October 5, 2019 No. 849

Regulations on the Center of development of investment projects under the Ministry of investments and foreign trade of the Republic of Uzbekistan

Chapter 1. General provisions

1. This Provision determines the main objectives, functions, the rights and responsibility, organizational bases of activities of the Center of development of investment projects under the Ministry of investments and foreign trade of the Republic of Uzbekistan (further - the Center).

2. The center in the activities is guided by the Constitution and the laws of the Republic of Uzbekistan, resolutions of chambers of Oliy Majlis of the Republic of Uzbekistan, decrees, resolutions and orders of the President of the Republic of Uzbekistan, resolutions and orders of the Cabinet of Ministers of the Republic of Uzbekistan, this Provision and other acts of the legislation of the Republic of Uzbekistan.

The center assists the Ministry of investments and foreign trade of the Republic of Uzbekistan in coordination of activities of the ministries, departments and executive bodies on places concerning development of investment offers in the corresponding industries of economy.

3. The center is legal entity in the form of public institution, has treasurer personal accounts in Treasury of the Ministry of Finance of the Republic of Uzbekistan and bank accounts, including in foreign currency, seal with the image of the State Emblem of the Republic of Uzbekistan and with the name in state language, and also forms with the name of the Center and the image of the State Emblem of the Republic of Uzbekistan.

4. Official name of the Center:

a) in state language:

complete - ÷zbekiston Respublikasi investitsiyalar va tashka savdo huzuridaga vazirlig Investment of loyikhalarina ishlab chikish markaz;

reduced - Investment of loyikhalarina ishlab chikish markaz;

b) in English:

complete - Centre for Development of Investment Projects under the Ministry for Investments and Foreign Trade of the Republic of Uzbekistan;

reduced - Centre for Development of Investment Projects;

c) in Russian:

complete - the Center of development of investment projects under the Ministry of investments and foreign trade of the Republic of Uzbekistan;

reduced - the Center of development of investment projects.

5. Location (postal address) of the Center: 100047, Tashkent, Yashnabadsky district, Ulitsa Istiklol, 51.

Chapter 2. Main objectives and functions of the Center

6. The main objectives of the Center are:

identification and development of the new investment projects directed to mobilization of competitive advantages, industrial, infrastructure, raw and human capacity of the country for expansion of production competitive on internal and the foreign markets of finished goods (goods) using innovative, advanced technologies and cluster approach;

development of investment projects on upgrade, technical and technology rearmament of the operating production capacities and the perspective companies for expansion of production volumes, promotion on the foreign markets of domestic finished goods, high-quality and competitive in the world market;

development and deployment of the interactive investment map of the Republic of Uzbekistan reflecting the productive potential and amounts of need of each region for investments with indication of specific projects with predesigns and the other information which is of interest to potential investors;

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