Arbitration proceedings involving at least one Uzbek party are regulated in Uzbekistan by the Law on Arbitration Courts (the “Law”), which was adopted in 2006.
The main provisions of the Law are based on UNCITRAL Model Law principles, but there are some significant differences. For example, an arbitral tribunal may only apply Uzbekistan legislation, and violation of this rule is a ground for setting aside an award. In addition to the Law, arbitration is regulated by the relevant provisions of the Civil Procedural Code and the Commercial Procedural Code.
In May 2014, provisions of the Law, the Civil Procedure Code and the Commercial Procedural Code that set forth rules for issuance of interim measures orders for security of claims in the framework of arbitration proceedings were amended. The effect of these amendments was that such interim measures orders can only be issued by the state courts in the place of the location of the defendant, or at the place of location of its assets.