June 2026 saw a number of significant legislative developments affecting businesses and investors in the Republic of Uzbekistan. The reforms addressed, among other areas, the securities market, construction sector, outsourcing of certain functions of executive authorities, as well as support measures for the cotton and textile industry and horticulture.
The VERBA LEGAL Tashkent office team has prepared a legislative digest covering the key legal developments of the past month.
The digest covers:
1. Reform of governance and digitalization of public services in the construction sector
2. Financial sustainability of the cotton and textile industry and support for deep fiber processing
3. Changes to the determination of base calculation amounts
4. Procedures for conducting REPO transactions with securities
5. Establishment of industrial-scale intensive orchards
6. Strengthening licensing requirements for crypto service providers
7. Law on urban planning renovation
Contributors: Managing Partner of the Tashkent office Bobir Karimov, Counsel, Attorney, Ernest Khachaturyan, Associates Sarvarbek Olimzhonov and Bobur Rakhmatov, and Paralegal Nigina Ibragimova.