Another form of agreement that foreign investors, particularly in the oil and gas sectors, can conclude is a production sharing agreement (PSA). The Law on Production Sharing Agreements specifies the terms under which foreign investors may enter into PSAs. Usually, PSAs are restricted to areas where there are no proven reserves or in cases where there are proven reserves, but there is a lack of financial and technical resources on the part of the State to exploit these resources. As a rule PSAs are subject to competitive bidding. However, the Cabinet of Ministers may waive this process if there is only one foreign investor interested in a particular area. Activities under the PSA are subject to licensing by the Cabinet of Ministers. The financial statements, budgets and economic activities related to the PSAs must be audited annually.
1. Bilaterals.org
http://www.bilaterals.org
Blaterals.org is a collective effort to share information and stimulate cooperation against bilateral trade and investment agreements that are opening countries to the deepest forms of penetration by transnational corporation
On the website you can find information about investment agreement sarount the world, BIT, FTA, TIFAS, articles on key issues and useful links.
(Languages: English Spanish, german and french)
2. The State Property Committee of the Republic of Uzbekistan
http://www.gki.uz
The State Property Committee of the Republic of Uzbekistan (SPC) is a government body the main directions of which are further deepening of economic reforms, acceleration of denationalization and privatization processes, and provision of development and support of private entrepreneurship in the republic.
On the website you can find explanations for foreign investors on participation in privatization the enterprises of Uzbekistan, investment dynamics, Review of guaranties, rights and privileges.
(Languages: English, Uzbek and Russian)
3. Umid World
http://www.umid.uz/Main/index.html
Umid World will help you to find detailed information about Uzbekistan such as the country culture, traditions and economy.
On the website you can find information about Law on Foreign Investment, Law on Chambers of Commodity Producers and Entrepreneurs, Law On Guarantees and Measures to Protection of Foreign Investors' Rights, Resolution on measures designed to stimulate the attraction of foreign capital when implement privatization of the state property.
(Language: English)