Tashkent to Launch International Financial Center with Arbitration
Uzbekistan
Tashkent will establish an international financial center with a dedicated commercial arbitration system and a special legal regime aimed at boosting investor confidence and attracting capital.
According to a presidential decree by Shavkat Mirziyoyev dated March 30, 2026, the Tashkent International Financial Center will be established.
The center will include the Tashkent International Commercial Arbitration, comprising courts of first instance and appeal. The new system is expected to ensure effective dispute resolution and stronger protection of investors’ rights.
A special legal regime will be introduced within the center, with governing bodies granted authority to adopt regulatory acts in key areas.
Notably, the legal framework will incorporate the direct application of English and Welsh common law, as well as principles of equity, aimed at increasing international investor confidence.
The center will cover a wide range of services, including financial, investment and banking services, insurance, securities markets, payment systems, digital assets, Islamic and green finance, and fintech. It will also provide opportunities for auditing, consulting, and legal services.
The initiative is designed to enhance Uzbekistan’s investment climate and develop a modern financial services market.
The center will include the Tashkent International Commercial Arbitration, comprising courts of first instance and appeal. The new system is expected to ensure effective dispute resolution and stronger protection of investors’ rights.
A special legal regime will be introduced within the center, with governing bodies granted authority to adopt regulatory acts in key areas.
Notably, the legal framework will incorporate the direct application of English and Welsh common law, as well as principles of equity, aimed at increasing international investor confidence.
The center will cover a wide range of services, including financial, investment and banking services, insurance, securities markets, payment systems, digital assets, Islamic and green finance, and fintech. It will also provide opportunities for auditing, consulting, and legal services.
The initiative is designed to enhance Uzbekistan’s investment climate and develop a modern financial services market.
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