Article 19. Authorized state bodies in the field of regulation of foreign economic activity

The authorized state bodies in the field of regulation of foreign economic activity are the Ministry of Foreign Trade of the Republic of Uzbekistan and the State Committee of the Republic of Uzbekistan for Investments.

Ministry of Foreign Trade of the Republic of Uzbekistan:

develops and ensures the implementation of a unified state policy in the field of foreign trade;

coordinates the work of state bodies in the field of regulation of foreign trade activities;

coordinates and controls the activity of the subjects of foreign trade activities within its competence defined by the legislation;

develops proposals to improve the legislative framework of foreign trade;

exercises other powers in accordance with the law.

The State Committee of the Republic of Uzbekistan for Investments:

develops and ensures the implementation of a unified state investment policy and the attraction of foreign investment;

coordinates the activities of state and economic management bodies, local authorities on the ground in defining the main directions of attraction of foreign investments and their implementation, as well as the implementation of investment cooperation with international financial institutions and foreign investors;

develops proposals to improve the legislative framework of investment activity;

exercises other powers in accordance with the law.