The Legislative Chamber of the Oliy Majlis of Uzbekistan has approved draft constitutional laws on the creation of the Tashkent International Financial Center (TIFC) and the Enterprise Uzbekistan IT zone. The documents have been sent to the Senate for consideration.
What happened
On June 2, 2026, the lower house of parliament approved the legal framework for two new international zones in Tashkent. According to Spot, the drafts define the hubs’ status, management system, and special legal regime.
The documents enshrine the rights of the centers’ participants and investment protection mechanisms. Launching the special status zones will require amendments to the Constitution of Uzbekistan.
Country and market
The main infrastructural innovation is the introduction of foreign legal norms, though they differ for each zone. The TIFC territory will apply the legal principles, legislation, and judicial precedents of England and Wales, provided they do not contradict the country’s Constitution. The legal regime of Enterprise Uzbekistan will rely on elements of the common law of England and Wales and the standards of leading international financial centers.