Article 241. Agreement on determination of competence of economic courts of the Republic of Uzbekistan on cases with participation of foreign persons

Economic procedure code of the Republic of Uzbekistan · Date: 24.01.2018 · In force

If the parties, at least one of which is a foreign person, have concluded an agreement, which has determined that the economic court of the Republic of Uzbekistan has the competence on consideration of a dispute, arisen or to be arisen, related to carrying out by them of activity in economic sphere, the economic court of the Republic of Uzbekistan shall have the exclusive competence on consideration of the given dispute provided that such agreement does not change the exclusive competence of the foreign court.

The agreement on the determination of the powers of the economic courts of the Republic of Uzbekistan must be concluded in writing.

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National Database of Legislation of the Republic of Uzbekistan (lex.uz). Original on lex.uz: lex.uz/docs/5535151

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Cite as: Article 241. Agreement on determination of competence of economic courts of the Republic of Uzbekistan on cases with participation of foreign persons Economic procedure code of the Republic of Uzbekistan. neolex.uz/en/laws/law-3523895/241 (lex.uz/docs/5535151)