Shavkat Mirziyoyev signed a decree “On measures to improve the civil legislation of the Republic of Uzbekistan”.
According to the document, the President of Uzbekistan identified the main priorities for further improvement of the civil legislation of the Republic of Uzbekistan by means of:
- systematization and unification of the norms of civil legislation, ensuring their harmonization with the best foreign practices, as well as implementation of advanced international standards in this field;
- establishment of effective civil law mechanisms to guarantee the security of private property, protect the rights and legitimate interests of individuals and legal entities, especially entrepreneurs;
- clear demarcation of the norms of public and civil law, exclusion of outdated provisions that have lost their significance, based on the command-and-control principles of economic management;
- ensuring the legal regulation of modern civil-law institutions and forms of economic relations, such as public-private partnerships, cluster production, electronic commerce, cryptocurrency turnover, land privatization, shared construction and others.
The President also approved the Concept for the improvement of civil legislation.
This Concept states that the current edition of the Civil Code does not fully meet requirements of the rapidly developing economic relations in the country and international standards in the field of civil law. In particular:
firstly, the Civil Code preserved outdated legal institutions, as well as organizational-legal forms of legal entities that do not exist in the legal systems of developed countries with market economies;
secondly, there are no such classical civil-law institutions as “commercial risk”, “equality of economic entities”, “fair compensation”, “refusal to fulfill contractual obligations”;
thirdly, there is no regulation of certain forms of civil-law contracts and relations demanded in modern market conditions, including a public-private partnership agreement, dealer agreement, shared construction, cluster production, electronic commerce, cryptocurrency turnover, land privatization and others;
fourth, the presence of a large number of reference norms (about 80) in the Civil Code does not allow the code to become an act of direct action and reduces its status in the settlement of civil legal relations;
