of March 31, 2017 No. UP-4996
About formation of the State committee of the Republic of Uzbekistan on investments
For the purpose of the most complete realization of investment potential of the Republic of Uzbekistan, further enhancement of the investment climate, high-quality development of annual investing programs, forming of the most favorable conditions for attraction of foreign investments, cooperation increase with the international financial institutions, foreign government financial institutions, the leading foreign companies and bank structures, and also increases in efficiency of the attracted foreign investments:
1. Form the State committee of the Republic of Uzbekistan on investments with territorial subdivisions in the Republic of Karakalpakstan, areas and Tashkent.
Determine that the State committee of the Republic of Uzbekistan on investments is the authorized state body responsible for coordination of forming and realization of single state investment policy and attraction of foreign investments.
2. Determine the main objectives and activities of the State committee of the Republic of Uzbekistan on investments:
coordination of work on forming and carrying out single state investment policy, including attraction of foreign investments, directed to stimulation of expansion of amounts of investment into industries of economy and regions of the country, further enhancement of the investment climate in the republic, support of development of the companies with participation of the foreign capital;
development and implementation of measures for further enhancement of regulatory framework in the field of attraction of foreign investments and to creation of even more favorable conditions for expansion of investing activities in the territory of the Republic of Uzbekistan;
participation in forming, approval and implementation of monitoring of annual Investing programs of the Republic of Uzbekistan and regional investing programs, including regarding projects with foreign investments, maintaining single base of investment offers for attraction of foreign investments, credits and means of financial and technical assistance;
development of offers on development and diversification of the directions of investment cooperation of the Republic of Uzbekistan with foreign states, the international economic and financial institutions, foreign banks, funds, the agencies, the companies and other subjects of international law on mutually advantageous basis;
coordination of activities of bodies of the public and economic board, public authorities on places, advisers for trade and economic questions of diplomatic representations of the Republic of Uzbekistan abroad and permanent representatives of the Republic of Uzbekistan in the international organizations in determination and realization of the main directions on attraction of foreign investments, and also implementation of investment cooperation with the international financial institutions and foreign investors;
participation in preparation, approval and signing in accordance with the established procedure international treaties of the Republic of Uzbekistan with foreign countries, the international financial institutions, foreign government financial institutions, the leading foreign companies and bank structures concerning investment cooperation;
attraction of foreign investments, first of all straight lines, the credits and means of financial and technical assistance for implementation of investment projects in associativity to industry investing programs, comprehensive programs of social and economic development of the territories, development programs of production, transport and communication and social infrastructure;
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