Partners Eldor Mannopov and Bobur Shamsiev and junior associate Salohiddin Parmonov from Dentons’ Tashkent office have contributed a chapter to the eleventh edition of The Mining Law Review, published by Law Business Research.

Uzbekistan has the world's fourth-largest gold reserves and is ranked twelfth in the world and second among the CIS countries in terms of gold mining. Metallurgy is one of the largest domestic industries, with the most mined minerals being copper, gold, silver and uranium. In recent years, the government has adopted long-term programs to accelerate the development, modernization and expansion of production of the large enterprises in the mining and metallurgical industry.

A new draft law on subsoil is currently under parliamentary review. The objective of the new draft law is to modernize the legislative and regulatory basis for the mining sector in order to improve the investment climate. Regulatory developments signal that mining and subsoil use will continue to be among the leading economic sectors and key areas for attracting foreign investment to Uzbekistan.

In the Uzbekistan chapter of The Mining Law Review, Dentons provides a comprehensive analysis of the year in review, as well as an outlook on future developments in Uzbekistan, covering the below topics:

1. Legal framework
2. Mining rights and required licenses and permits
3. Environmental and social considerations 
4. Operations, processing and sale of minerals
5. Charges
6. Outlook and trends

To download the Uzbekistan chapter in The Mining Law Review, click here.

The first part of The Mining Law Review 2022 covers major recent developments in mining sector across 11 jurisdictions, the second part focuses on capital markets.

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