International bonds to be issued in Uzbekistan   

On the portal of discussion of draft normative-legal acts, the Cabinet of Ministers placed a draft resolution “On measures of issuing international bonds in the Republic of Uzbekistan”. 
 
According to the document, the Ministry of Finance can be determined as a competent body to deal with the international bonds. It performs all operations on coordination of issuance and allotment of international bonds: state and corporate (including bank) bonds.  
 
The Minister of Finance is empowered to sign relevant agreements and contracts for the issuance and placement of government bonds. 
 
The Uzbek Ministry of Justice organizes a legal review of the draft contracts and agreements for the issuance and placement of government bonds presented by the Uzbek Ministry of Finance. 
   
Control over execution of this resolution is entrusted to the Deputy Prime Minister of the Republic of Uzbekistan Jamshid Kuchkorov.