Embassy messages


Further tasks for the development of competition were discussed

Further tasks for the development of competition were discussed

On August 5, President Shavkat Mirziyoyev familiarized himself with the presentation of measures aimed at developing competition.

The ongoing efforts to reduce the state presence in the economy and curb large monopolies have a positive impact on the competitive environment. In particular, over the last five years the competitive environment has improved in more than 25 goods. Exclusive rights that restricted competition in 7 types of activities have been abolished. The number of enterprises with state participation decreased by 42 percent, while the number of private business entities increased by 1.6 times.

Last year the Law "On Competition" was adopted in a new version. The Committee for Competition Development and Consumer Protection was given additional effective powers. According to the studies conducted on this basis, in some organizations there are such phenomena as anticompetitive decision-making, direct contracts, use of dominant position in trade.

In this regard, a Competition Development Framework has been developed to enhance the coverage and effectiveness of competition in this area. This concept defines further tasks to reduce government involvement in the economy, liberalize market access and create a level playing field for entrepreneurs.

Thus, it is planned to abolish regulations and redundant requirements that impede the free access of business entities to markets. It is envisaged to introduce relaxations aimed at reducing the regulatory burden, in particular, permitting procedures and licenses will be replaced by compulsory liability insurance.

Independent market regulators will be introduced in the spheres of natural monopolies. The participation of natural monopoly entities will be limited in commodity markets related to natural monopolies and where there is an opportunity to develop competition.

The scale of direct public procurement will be reduced, and it will be completely switched to competitive methods. It is envisaged to abolish the provision of state aid of an individual nature that restricts competition, including exclusive rights, privileges, preferences and relaxations.

By means of mutual integration of information systems of state bodies, digital monitoring of all links in the chain of pricing of socially important products will be established. A system of non-disclosure and encouragement of persons who have provided information on cases of anticompetitive agreements and actions, collusions will be introduced.

In general, as a result of the implementation of this concept, measures will be taken to gradually eliminate 17 types of state monopoly in a number of areas, such as energy, oil and gas sector, water management, road construction, railroad and airport services. Anti-competitive actions in public procurement will be curbed and transparency of these processes will be ensured. Commodity exchanges will increase supply and expand the choice opportunities for buyers.

The President gave additional instructions to continue work in this area, to ensure free market principles, and to develop entrepreneurship. The need to reduce the state's share in the economy and to gradually transfer certain functions to the private sector was emphasized. The task has been set to constantly analyze the state of competition on commodity, financial and digital markets and to make proposals to improve procedures.

Over the last three years, over 2,000 acts contradicting the competition law have been identified locally. In most cases, these are documents of local khokimiyats and ministries. In this regard, it was noted that it is necessary to intensify the work of territorial departments of the Committee for Competition Development and improve the qualification of personnel.

It was also pointed out the importance of increasing openness and strengthening the work on publicizing the activities of the Committee. It was emphasized that this is important to prevent violations of the law and to create a transparent environment.

📅 06.08.2024

Embassy messages


Досрочное голосование по выборам в Законодательную палату Олий Мажлиса Узбекистана проходит в Латвии
В Латвии и Литве обсуждаются ключевые аспекты предстоящих парламентских выборов в Узбекистане
Issues related to the development of cooperation between Uzbekistan and Latvia in the field of combating crime discussed in Riga
A round table was held in Latvia on the upcoming elections in Uzbekistan to the Legislative Chamber of the Oliy Majlis and Kengashes of People's Deputies
Uzbek exporters familiarized with requirements for import of Uzbek products to Latvian and European markets
Export of agricultural products from Uzbekistan to the Latvian market increases
ЭЪЛОН!
Uzbek ambassador meets Latvian Saeima speaker to discuss prospects for boosting inter-parliamentary cooperation
Diplomats of Uzbekistan held a visiting reception of fellow citizens living in Estonia and Finland
Ambassador of Uzbekistan presents credentials to President of Latvia
Uzbekistan drivers will be able to obtain certificates according to European standards and work in EU countries
Climate change adaptation issues discussed in Riga
Latvian company plans to employ Uzbek truck drivers
A new air cargo bridge will open between Uzbekistan and Latvia in summer
Jurmala is ready to present the tourism potential of Uzbekistan to its guests
Latvia's largest pharmaceutical company plans to manufacture its products in Uzbekistan
At the end of May, an Uzbek trading house will open in the Lithuanian city of Klaipeda
Uzbekistan-Lithuania Business Cooperation Council to be established
Latvian University Library is ready to establish experience exchange with libraries in Uzbekistan
Uzbek diplomats meet with compatriots in Riga
Ambassador of Uzbekistan visits the Latvian city of Liepaja
The visit of the Ferghana Oblast delegation to Latvia was fruitful