COMMERCIAL LAW IN UZBEKISTAN LEGAL SYSTEM: HISTORY, SOURCES, DEVELOPMENT, AND INTERNATIONAL INTEGRATION
Keywords:
Commercial law, Uzbekistan, legal system, entrepreneurship, business regulation, Civil Code, economic reform, foreign investment, WTO, UNCITRAL.Abstract
This article provides a comprehensive examination of commercial law within the legal system of the Republic of Uzbekistan. It traces the historical evolution of commercial legal norms from the Soviet era through independence in 1991 to the present day, analyzing the foundational sources of commercial law including the Constitution, the Civil Code, the Tax Code, and specialized legislation governing entrepreneurial activity. The article assesses the current level of development of Uzbekistan’s commercial law framework, identifies the key regulatory agencies responsible for overseeing commercial relations, and examines their functions and strategic plans. Furthermore, it explores Uzbekistan’s engagement with international commercial law conventions and its bilateral and multilateral relationships with foreign states and international organizations. The article concludes with observations on the trajectory of reform and the prospects for further harmonization of Uzbekistan’s commercial law with international standards.
References
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