Restrictions on investment in US companies for residents of Uzbekistan will be removed starting in 2026, according to a decision by the Central Bank of the republic.
The regulator changed the procedure in December 2025 for certain currency transactions related to capital flows, particularly restrictions on fund transfers by residents from accounts in Uzbek banks to form the authorized capital of companies in the United States and to replenish the working capital of their branches, effective January 1, 2026.
“It is established that effective January 1, 2026, transactions by residents related to investment activity in the United States – transfer of funds from accounts of residents in banks of the Republic of Uzbekistan to form the authorized capital of foreign enterprises (or participation in the capital), to replenish the working capital of their branches in the United States, will be carried out without restrictions, within the limits of the funds on the residents’ accounts,” the document says.
The changes 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, major investment and trade projects, and work on the creation of a special investment fund for additional investments in Uzbekistan.
The C5+1 is a mechanism for collective interaction between the United States and Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan. Washington has been using it since 2015.
Leave a Reply