ACADEMICIA: An International Multidisciplinary Research Journal
  • Year: 2022
  • Volume: 12
  • Issue: 4

Importance of application of unidroit principles in the republic of Uzbekistan and its place in the legislative system

1Lecturer, Tashkent State University of Law, Tashkent, Uzbekistan

2Student, Tashkent State University of Law, Tashkent, Uzbekistan, Email id: ruzibek@mail.ru

Online Published on 23 May, 2022.

Abstract

Today, due to the wide-ranging economic, political and cultural relations of New Uzbekistan with the countries of the world, due to the need to develop such relations, it is necessary to develop new legislative norms in the spirit of the new international law. In this regard, one of the main goals of the current government is to make changes in the legislative system of the Republic of Uzbekistan, to enrich the national legislation with the legal norms of international law.As a result, a number of new laws and changes were made in the following years. Since 2016, the Government of the Republic of Uzbekistan has been implementing significant political, legislative, judicial, economic, and social reforms with the aim of developing the country, enhancing its investment climate, and improving the lives of its citizens at a much more rapid pace than before.

Keywords

National Legislation, International Law, Domestic Law, “UNCITRAL Model Law ”, Investors, The Tashkent International Arbitration Center, Unidroit Principles, Neutral State Law, Civil Code, Transaction, Freedom Of Contract