Uzbekistan has taken an important step towards implementing Sustainability Standards
2026-04-23 16:35:00 / News of ministry

According to this agreement, Uzbekistan is participating in the activities of the Working Group on the Adoption of Jurisdictional Standards (JAWG), strengthening its position in this direction as an active participant state rather than an "observer." This is an important stage in our country's deep integration into the global financial information space and adaptation to international requirements.
This initiative is a practical implementation of the tasks defined by the Decree of the President of the Republic of Uzbekistan No. PP-282 dated September 15, 2025. In accordance with this resolution, starting January 1, 2027, organizations of public importance are required to implement IFRS sustainability standards. The signed agreement will allow for the acceleration of this process and its systematic implementation at the level of international requirements.
Today, sustainability standards are becoming one of the most important elements of the global financial system. Through them, companies disclose not only their financial results but also information regarding environmental, social, and managerial factors. This creates a more complete and reliable source of information for investors, creditors, and other stakeholders. The importance of such standards is increasing, especially at a time when global challenges such as climate change, rational use of resources, and social responsibility are intensifying. Our country is a member of the Working Group on Jurisdictional Adopters of Sustainability Standards (JAWG), demonstrating its position as an active participating state rather than an "observer" in this direction.
Thus, the signed agreement is not only a technical or legal document, but also a clear manifestation of Uzbekistan's firm step towards an open, transparent, and sustainable economy. This will serve as an important factor in strengthening the investment attractiveness of our country, improving its position in international ratings and ensuring long-term economic stability by increasing transparency for investors in the coming years.
PR and Communications Department
Ministry of Economy and Finance
