News
Opportunities to Create Additional Reserves and Jobs Analyzed in Syrdarya Region
Online Seminar on Antitrust Compliance Organized
Opportunities for Producing New Products Studied in Navoi Region
Center Director O. Jumaev Meets with PhillipCapital Group Founder and Chairman Hua Min Lim
Official Opening Ceremony of the UZEX Global Joint Venture Held
The official opening ceremony of UZEX Global, a joint venture established through cooperation between UZEX and PhillipCapital, was held in Tashkent. At the opening ceremony, Olimjon Jumaev, Director of the Competition Policy and Consumer Rights Research Center, delivered congratulatory remarks on behalf of the Committee for Competition Development and Consumer Protection. The activities of UZEX Global will expand opportunities for Uzbek businesses to access international commodity derivatives markets and provide access to modern instruments for hedging and effectively managing price risks. The initiative will contribute to the development of modern exchange infrastructure, deeper integration with international financial markets, and the formation of a competitive market environment. More details: National News Agency of Uzbekistan (UzA)
International Experience in Applying Competition Law to Privatization Auctions Studied
The Competition Policy and Consumer Rights Research Center studied international experience in applying competition law to privatization auctions. The analysis shows that privatization is not merely the process of selling state assets. The key issue is to preserve healthy competition in the market following the auction and prevent the emergence of new monopolies. The practices of the OECD, Australia, the United States, the United Kingdom, Japan, Germany, and Brazil place particular emphasis on mechanisms such as ex-ante competition analysis, transparent auctions, equal access, anti-collusion controls, and post-auction monitoring. Based on the study, proposals relevant to national practice were put forward, including no-collusion declarations, automated monitoring of electronic auctions, ex-ante assessment of high-risk transactions, and post-auction monitoring. More details
Opportunities to Increase Employment and Household Incomes Studied in Khatyrchi District
In order to ensure the implementation of Presidential Decree No. PF–193, employees of the Competition Policy and Consumer Rights Research Center conducted a study in the mahallas of Khatyrchi District, Navoi Region. The study analyzed opportunities for increasing employment and developing entrepreneurship. In particular, an UZS 8 billion investment project was developed to establish a packaging workshop of “Toy bola” enterprise on a 50-sotok vacant land plot in the “Yangi Mahalla” MFY. The project has the potential to create 40 new jobs. The activities of the “Hilolakhon nonlari” family enterprise and “Sharif bobo” LLC were also reviewed, and opportunities for creating new jobs through the use of credit financing were identified.
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