Restrictions on investments in US companies for residents of Uzbekistan will be removed starting from 2026, according to a decision of the Central Bank of the Republic.
The regulator has changed the procedure for certain currency transactions related to capital flows, and in particular restrictions on the transfer of funds by residents from accounts in Uzbek banks to form the authorized capital of companies in the US and to replenish the working capital of their branches will be removed starting from January 1, 2026.
„It is established that starting from January 1, 2026, transactions of residents related to investment activity in the US – "transfer of funds from residents' accounts to banks of the Republic of Uzbekistan for the formation of the authorized capital of foreign enterprises (or participation in the capital), for replenishment of the working capital of their branches in the United States, will be carried out without restrictions, within the limits of the funds on residents' accounts," the document says.
The amendments were imposed by the decree of President Shavkat Mirziyoyev “On the establishment of the US-Uzbekistan Business and Investment Council“.
The Council will coordinate and approve strategic business initiatives, large investment and trade projects, and work on the creation of a special investment fund for additional investments in Uzbekistan.
C5+1 is a mechanism for collective interaction of the United States with Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan. Washington has been using it since 2015.