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LAW OF THE REPUBLIC OF UZBEKISTAN

of February 16, 2021 No. ZRU-674

About the international commercial arbitration

Accepted by Legislative house on August 5, 2020

Approved by the Senate on September 11, 2020

Chapter 1. General provisions

Article 1. Purpose of this Law

The purpose of this Law is regulation of the relations in sphere of activity of the international commercial arbitrations.

Article 2. Legislation on the international commercial arbitration

The legislation on the international commercial arbitration consists of this Law and other acts of the legislation.

If the international treaty of the Republic of Uzbekistan establishes other rules, than those which are stipulated by the legislation the Republic of Uzbekistan about the international commercial arbitration then are applied rules of the international treaty.

Article 3. International origin and general principles of this Law

In case of interpretation of regulations of this Law it is necessary to consider its international origin and need to assist achievement of uniformity in its application and to respect for conscientiousness.

Questions which belong to subject of regulation of this Law and which directly in it are not resolved are subject to permission according to the general principles on which this Law is based.

Article 4. Scope of this Law

This Law is applied to the international commercial arbitration with observance of the agreements existing between the Republic of Uzbekistan and other state (states).

The disputes arising from all relations of commercial nature, both contractual, and not contractual by agreement of the parties can be transferred to the international commercial arbitration.

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