LEGAL MECHANISMS FOR RESOLVING INVESTMENT DISPUTES IN UZBEKISTAN: PROBLEMS, PROSPECTS, AND RECOMMENDATIONS
Keywords:
investment disputes, legal mechanisms, Uzbekistan, arbitration, judicial system, transparency, enforcement of awards, reformsAbstract
This article analyzes the legal mechanisms for resolving investment disputes in Uzbekistan, identifies existing problems, and proposes prospects for their resolution. It examines national legislation, international treaties, and arbitration agreements, as well as practical aspects of their application. The article focuses on issues such as the transparency of judicial processes, the enforcement of arbitral awards, judicial independence, and the duration of legal proceedings. The author provides recommendations for improving legal mechanisms and enhancing the country's investment attractiveness. In accordance with the Decree of the President of the Republic of Uzbekistan, with the aim of improving the system for protecting the rights and legal interests of individuals and legal entities, as well as expanding alternative dispute resolution methods, significant measures must be taken to implement alternative legal methods for resolving investment disputes. These measures are also aimed at significantly enhancing the role of mediation, arbitration courts, and international arbitrations, which will contribute to the optimization of court workloads.
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