Decrees of the President of the Republic of Uzbekistan:
As of April 3,2006 Mr. Shaismatov, Ergash Rahmatullayevich
is commissioned as the Vice Prime Minister of the Republic of Uzbekistan to replace Mr Sultanov, Utkir Tukhtamuradovich who has been released from the said position due to his transfer to another job; Mr. Shaismatov will be in charge of the following branches: machine-building, ferrous and non-ferrous metallurgy, oil and natural gas, geology, electric energy, chemical products, standardization and metrology, state and mobilization resources.
As of April 11,2006 Mr. Golyshev, Vyacheslav Arkadyevich is dispensed from his duties as the Vice Prime Minister of the Republic of Uzbekistan Minister of Economics, chief of the complex for issues on economics and foreign economic relations due to his appointment as the State Adviser to the President of the Republic of Uzbekistan for social and economic policy issues. The position of the Vice Prime Minister of the Republic of Uzbekistan Minister of Economics, chief of the complex for issues on economics and foreign economic relations, previously occupied by Mr. Golyshev, V.A., is abolished. The position of the Vice Prime Minister of the Republic of Uzbekistan Minister of Finance, chief of the complex for issues on economics and foreign economic relations is introduced. Mr. Azimov, Rustam Sadykovich is commissioned to the said position. The independent position of the Minister of Economics of the Republic of Uzbekistan is introduced. Mr. Khodjaev, Botir Asadillacvich is commissioned as the Minister of Economics of the Republic of Uzbekistan.
As of April 13, 2006 Mr. Shaikhov, Alisher Erkinovich is released from the position of the Minister for Foreign Economic Relations, Investments and Trade of the Republic of Uzbekistan due to his appointment as the Chairman of the Uzbek Chamber of Commerce and Industry.

Resolutions of the President of the Republic of Uzbekistan: As of April 17, 2006 the Presidential Resolution PP-325 defines measures to accelerate development of the service rendering sector in Uzbekistan in 2006-2010. Over the last years, as the Resolution states, the Republic has taken consistent steps to develop its service rendering sector. Structure of the service rendering market is being improved due to development of new and promising types of banking and financial, insurance, information and communication services, etc. On the other hand, development of this sector reveals serious shortcomings. The Resolution envisages measures for further expansion of cntrcpreneurship in the service rendering and everyday services sector. A list of services related to this priority category and subject to tax preferences is being approved. The services are as follows:
1.  Financial and banking services, i.e. services related to lease, insurance, application of accounting and auditing services.
2.  Everyday services i.e. repair of footwear and leather articles; repair of watches (clocks); repair and maintenance of electronic and electric household appliances (TV-sets, audio and video appliances, computing and printing facilities, refrigerators, air-conditioners, etc.)
3. Other services, including: veterinary services, services in the sphere of education including acquisition of personal computer skills; services being rendered by sports facilities and sports sections for children; social services related to child care, disabled and care of elderly people.
Starting from April 1 of the current year, as the Resolution states, economic entities involved in rendering of the above services shall be exempted from their income (profit) tax and from the single (unitary) tax. The Resolution envisages granting of tax credits to the entities of entrepreneurship. Such credits will be aimed at the development of their business activity. The Resolution regulates the other issues related to the development of the service rendering market in the Republic of Uzbekistan.


On April 26, 2006 the President issued Resolution PP-335 "On Measures for Improvement of the Activity of the State Property Committee (SPC) of the Republic of Uzbekistan". Having declared that the SPC operation is unsatisfactory, the Resolution mainly regulates organizational and structural issues of its activity. However, it contains certain elements which may be of interest for businessmen. Thus, in particular, it envisages incorporation of such a provision into legislation which allows a possibility to transfer plots of land to private ownership; such transfer will be implemented together with privatization of the State-owned facilities and enterprises located on the said plots of land. This will reduce Ihe cxient of the public ownership with regards io the land resources, and it will extend opportunities to develop private ownership relations in this sphere. The Resolution also tightens requirements on the public agents and company managers in those economic entities with the State-owned shares, as well as on the executive directors of such enterprises. Such requirements increase their personal responsibility for implementation of the enterprise's approved business plans.

(Material from published articles compiled by Uzbek A. Rustamov, General Representative, Interconcepts Inc. Translation to English: Lyubov Be/okon)