Uzbekistan news


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

Uzbekistan news


CERR Assesses the Potential for Expanding Trade Between Uzbekistan and Tajikistan
A masterpiece of our distinguished history
Influence of Amir Temur on Western Culture
February demonstrated a noticeable acceleration in business activity in Uzbekistan
Two Nations — One Culture
Third Renaissance: Center of Islamic Civilization as a strategy for Spiritual and Intellectual Advancement of New Uzbekistan
Center for Islamic Civilization: A Megaproject Recognized by the International Community
Strengthening Peace in Gaza and Expanding Economic Ties with the U.S.
Business Climate Analysis of Uzbekistan – CERR Survey
The Year Began with Sustained Growth in Business Activity Across Uzbekistan’s Regions – CERR
Relations between Uzbekistan and the United States have entered a phase of regular strategic communication
Strengthening the Peace Agenda: Uzbekistan Aims to Advance Constructive Initiatives within the Peace Council
Infographics: Trade, Economic and Investment Cooperation between Uzbekistan and the USA
Uzbekistan’s Business Climate Analysis for 2025 – A CERR Study
The dynamics of Uzbek-Turkish relations reflect pragmatism, mutual trust and a focus on concrete results.
Uzbekistan’s Inclusive Turn: Solutions at the Level of Each Mahalla
Uzbekistan - Türkiye: Prospects for Comprehensive Strategic Partnership
Uzbekistan – Turkey: The Practical Phase of Cooperation in the Forestry Sector
Uzbekistan–Turkiye: From Trade to Expanded Economic Engagement
Central Asia and Turkiye: A New Phase of Interconnectivity
Uzbekistan-Turkey: Development of Cooperation in Environmental Protection
Bringing Markets and Capital Together: The Uzbekistan–Türkiye Economic Union
“Uzbekistan – 2030” Strategy: Updates and refinement of target indicators
Public Diplomacy in Uzbek-Turkish Relations: The Factor of Trust and Cooperation
Uzbekistan-Turkey: A New Stage of Cooperation and Prospects for Developing Cultural and Humanitarian Ties
Bridges of Friendship: Toward New Horizons of Uzbek–Pakistani Partnership
Azizbek Urunov: Uzbekistan reserves the right to protect certain sectors of the economy in accordance with WTO agreements
Uzbekistan and Türkiye: A Human-Centered Partnership in Labor Migration
Bakhtiyor Mustafayev: The visit of the President of Uzbekistan to Switzerland has set a new strategic trajectory for the country’s development
Improving Efficiency and the Rational Use of Energy Resources