Uzbekistan delegation participates in the IAIR Conference plenary session
2026-10-01 15:00:00 / News of ministry
A delegation of the Ministry of Justice of the Republic of Uzbekistan participated in a plenary session held as part of the International Association of Insolvency Regulators (IAIR) Conference.
During the session, M. Istamov, First Deputy Minister of Justice of the Republic of Uzbekistan, presented to the international community the newly established Agency for Insolvency Affairs under the Ministry of Justice, its key functions, and the reforms being implemented in Uzbekistan in the field of insolvency.
In particular, information was provided on measures aimed at providing early support to enterprises facing financial difficulties, improving insolvency legislation, simplifying procedures, and enhancing their transparency.
The session also highlighted measures to develop the institution of insolvency practitioners, strengthen their professional standards, establish the Chamber of Insolvency Practitioners, and create a unified electronic platform integrating key information and services as part of the digitalization of the sector.
M. Istamov emphasized that the Agency’s membership in the IAIR will create new opportunities for practical exchange of experience with international regulators, studying advanced foreign practices, and further improving Uzbekistan’s insolvency system in line with international standards.
The plenary session also provided an opportunity to exchange views on insolvency reforms and practical experience in different countries.