Uzbekistan approves amendments halving fines for exporters who have not received payment from foreign partners
On 20 October, the Legislative Chamber of the Oliy Majlis passed in its second and third readings amendments to Article 11-1 of the law “On Currency Regulation”, providing for a court reduction of fines by 50% when mitigating circumstances exist. The document has been sent to the Senate. According to data presented during consideration, in 2025 fines were imposed on 9,100 entrepreneurs totaling 3.3 trillion soums. On October 20, the Legislative Chamber of the Oliy Majlis passed in the second and third readings amendments to Article 11-1 of the law 'On Currency Regulation', providing for a 50% reduction of fines by a court in the presence of mitigating circumstances. The document has been sent to the Senate. According to figures cited during the consideration, in 2025 fines were imposed on 9,100 entrepreneurs totaling 3.3 trillion soums.
Otabek Yusupov