Cooperation with the Asian Development Bank Continues to Improve Uzbekistan’s Insolvency System
2026-10-22 17:00:00 / News of ministry
📌 On October 22, 2026, a consultation meeting was held as part of a diagnostic assessment of Uzbekistan’s insolvency system. The meeting was attended by N. Mukhammadiyev, Deputy Minister of Justice and Director of the Agency for Insolvency Affairs, and representatives of the Asian Development Bank (ADB).
🤝 The meeting addressed the following issues:
🔹 improving the insolvency system;
🔹 developing the draft Strategy through 2030 based on international best practices;
🔹 engaging ADB experts to provide technical assistance in the preparation of draft documents;
🔹 improving support mechanisms for enterprises facing financial difficulties;
🔹 enhancing the professional skills of Agency staff and studying international experience;
🔹 accelerating practical activities financed through funds allocated by the ADB.
📊 ADB experts also shared their views on the existing legal, institutional, and operational framework, current challenges, and potential solutions.
🤝 At the conclusion of the meeting, the parties agreed to systematize the data required for the diagnostic assessment, clarify areas for expert assistance, and implement further cooperation activities.