THE IMPACT OF INTERNATIONAL COMMERCIAL ARBITRATION ON THE INVESTMENT CLIMATE IN UZBEKISTAN: PROBLEMS, SOLUTIONS AND DEVELOPMENT PROSPECTS
DOI:
https://doi.org/10.47390/SPR1342V5I4Y2025N61Keywords:
International commercial arbitration, investment climate, Tashkent International Arbitration Center, investment activity, enforcement of decisions of foreign courts and international arbitrationsAbstract
The article is devoted to the analysis of the role of international commercial arbitration during the formation of the investment climate in Uzbekistan. The paper examines the advantages of the ICA and its impact on attracting foreign investment to the country. The problems faced by Uzbekistan in the field of development of the ICA are also analyzed. Special attention is paid to the Tashkent International Arbitration Center (TIAC), its activities and cooperation with international arbitration institutions. In conclusion, recommendations are made to improve the legislative framework and create a national arbitration body working in close cooperation with international institutions.
References
1. Указ Президента Республики Узбекистан «О Стратегии развития Нового Узбекистана на 2022 — 2026 годы» от 28.01.2022 г. № УП-60// URL:https://lex.uz/docs/5841077
2. Указ Президента Республики Узбекистан О Стратегии «Узбекистан – 2030» от 11.09.2023 г. № УП-158// URL: https://lex.uz/uz/docs/6600404
3. Отахонов Ф.Х., Низоларни муқобил ҳал қилиш = Альтернативное разрешение споров [Матн] // Мақолалар тўплами. – Т.: 2022. – 338 б.
4. Обзор Закона Республики Узбекистан «О международном коммерческом арбитраже» // URL: https://gratanet.com/ru/publications/pdf/law-uzbekistan-international-commercial-arbitration
6. Гражданский процессуальный кодекс Республики Узбекистан (2018 г.) // URL: https://lex.uz/docs/3517334#3522712
7. Экономический процессуальный кодекс Республики Узбекистан (2018 г.) // URL: https://lex.uz/docs/3523895
8. Аналитическая справка: «Признание и приведение в исполнение решений иностранных судов и международных арбитражей в Республике Узбекистан»: текущее состояние и проблемы». – Т.: 2019. – 38 стр.
