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How can foreign investor use the above-mentioned guarantee?

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How can foreign investor use the above-mentioned guarantee?

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Informative procedure of using above-mentioned ten year guarantee is established by the legislation of the Republic of Uzbekistan. Thus, envisage that at approach of any of the above-mentioned kinds of deterioration of conditions of investment, the foreign investor should notify the corresponding authorized body on application of the specified guarantee. Authorized bodies to be notified on application by foreign investor of the specified guarantee are state organizations, accomplishing state registration of legal entities, Ministry of foreign affairs, Ministry of internal affairs, Ministry for foreign economic relations, investments and trade, State tax committee of the Republic of Uzbekistan and banks. Notification of foreign investor is reason for authorized body to apply to foreign investor legislation current on the date of investment. Such notification irrespectively to the date of its sending to the authorized body enters into force from the moment of the adopting of the correspo

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