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Privileges, provided by the first part of the present article for state support of investments and investment activity, are accordingly provided by decisions of Council of Ministers of the Republic of Karakalpakstan, governors of regions and Tashkent city, including at the expense of budget of the Republic of Karakalpakstan, is possible to give from local budgets of provinces and Tashkent city. Privileges and preferences are given to investors considering investments in the respective territory, depending on the level of infrastructure development in the area.
Along with the rights provided for in Article 10 of this Law, a foreign investor has the right to independently decide on patenting abroad his inventions, utility models and industrial designs obtained as a result of investment activity in the Republic of Uzbekistan.
If it is not possible to resolve investment disputes in the manner prescribed by parts one and two of this article, such a dispute may be resolved through international arbitration, if an international agreement of the Republic of Uzbekistan and / or an agreement concluded between the investor and the Republic of Uzbekistan provide for an appropriate and valid arbitration clause.
1) The Law of the Republic of Uzbekistan dated April 30, 1998 No. 609-I “On Foreign Investments” (Statement of the Oliy Majlis of the Republic of Uzbekistan, 1998, No. 5-6, Article 91);
2) The Law of the Republic of Uzbekistan dated April 30, 1998 No. 611-I “On guarantees and measures to protect the rights of foreign investors” (Statement of the Oliy Majlis of the Republic of Uzbekistan, 1998, No. 5-6, Article 93);
3) The Law of the Republic of Uzbekistan dated December 24, 1998 No. 719-I “On Investment Activities” (As amended by act of the Law of the Republic of Uzbekistan dated December 9, 2014 № LRU -380) (Statement of the Oliy Majlis of the Republic of Uzbekistan, 2014, No. 12, Article 342);

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