Uzbek specialists study international experience in the implementation of the practice of English law
29/06/2019 16:47
Uzbek specialists study international experience in the implementation of the practice of English law
29/06/2019 16:47
Tashkent, Uzbekistan (UzDaily.com) - A delegation consisting of representatives of the Ministry of Justice of the Republic of Uzbekistan from June 25 to 28 organized a visit to Nur Sultan (Republic of Kazakhstan) in order to study the practice of introducing English law in the Astana International Financial Center (AIFC).
During the visit, the delegation organized meetings with the Registrar and the Chief of Staff of the AIFC Court, Christopher Campbell-Holt, legal justice specialist Almat Igembaev, and commercial and financial strategy expert Aksh Campbell-Holt, Director of the Legal Support Department, Nurzhan Koshbaev.
During the meetings, issues of creating a legal basis for the functioning of standards, principles and norms of English law, attracting highly qualified specialists, risks and expected results of creating a special legal regime and other relevant issues were discussed.
The experts of the AIFC shared information on the creation of similar financial centers in Qatar, the United Arab Emirates and China, on the territory of which the English law is also practiced.
It should be noted that the Decree of the President of the Republic of Uzbekistan dated May 15 of this year defined Navoi region as a free economic zone for innovative, high-tech, export-oriented and import-substituting industries. It id planned to create a special legal regime in the Navoi FEZ.
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