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Uzbekistan to Establish New International Financial Centre
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Business·10h agoAI summary

Uzbekistan to Establish New International Financial Centre

Uzbekistan's President Shavkat Mirziyoyev announced plans for a new international financial centre operating under English common law principles, offering extensive tax incentives for 50 years. The initiative aims to attract foreign investment by creating a familiar regulatory environment. The country has attracted over $150bn in foreign investment recently, with its economy growing by 7.7% last year.

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