The protocol has been signed in Prague on 8 December 2011. The protocol will be valid in both countries, the embassy said.

The bilateral agreement on avoiding double taxation and preventing deviation from payment of tax from income and property is effective for over eleven years.

The document came into force on 15 January 2011. After conducted studies, the Czech side offered the Uzbek party to sign additional protocol to the agreement. The protocol expands article 27 of the agreement, which regulates information exchange on types of taxes.

The protocol, which is part of the agreement, will help to improve coordination activities of tax bodies of two states, directed at preventing cases on tax evasion and fraud.

Uzbek President Islam Karimov entrusted the Ministry of Foreign Affairs to inform the Czech side that Uzbekistan implemented al necessary internal procedures to come into force of the document.