TASHKENT, Uzbekistan, December 17. Starting
January 1, 2026, residents of Uzbekistan will be permitted to make
unrestricted money transfers to the United States for investment
purposes, in accordance with recent amendments implemented by the
Central Bank, Trend
reports.
The newly introduced regulations permit residents to make money
transfers for several purposes, including the formation of charter
capital for foreign companies, participation in equity investments,
and the replenishment of working capital for branches and
representative offices in the U.S. These transfers are allowed
within the limits of funds held in residents' bank accounts in
Uzbekistan.
However, the regulation does not explicitly authorize the
purchase of shares or other securities on U.S. stock markets.
Clarification from the Central Bank is necessary to determine
whether such transactions are covered under the approved investment
activities.
This move aligns with the recent executive order by President
Shavkat Mirziyoyev, which establishes the U.S.-Uzbekistan Business
and Investment Council. The council is set to become a key platform
for fostering the strategic economic partnership between Uzbekistan
and the U.S.
