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gki zdanieThe State Committee of the Republic of Uzbekistan for Privatization, Demonopolization and Development of Competition (the brief name: the State Competition Committee) has been created by the Decree by President of the Republic of Uzbekistan dated November 13, 2012 No 4483 “On Creation of the State Committee of the Republic of Uzbekistan for Privatization, Demonopolization and Development of Competition”.

The State Committee of the Republic of Uzbekistan for Privatization, Demonopolization and Development of Competition presents being a State Governance Body the main fields of activity of which are: further deepening of the process of privatization of the State-owned Property and expansion of scales of the Private Property as a foundation of the Market Economy, rise of efficiency of the antimonopoly regulation and formation of the real competitive environment, accelerated development of the securities market, especially the secondary market, radical improvement of the corporate governance system.

The State Committee of the Republic of Uzbekistan for Privatization, Demonopolization and Development of Competition in its activity is being accountable to the Cabinet of Ministers of the Republic of Uzbekistan (the brief name: CabMin)

The State Committee of the Republic of Uzbekistan for Privatization, Demonopolization and Development of Competition in its activity follows the Constitution and the Laws of the Republic of Uzbekistan, resolutions of the Oliy Majlis, decrees and orders by President of the Republic of Uzbekistan, resolutions and orders of the Cabinet of Ministers of the Republic of Uzbekistan, Provisions on the State Committee of the Republic of Uzbekistan for Privatization, Demonopolization and Development of Competition

The Committee performs its activity directly as well as through its territorial bodies in interaction with the State bodies, citizens’ self-governance bodies, non-state, non-commercial and other organizations.

Resolutions of the Committee adopted within the limits of its prerogatives are binding for execution by ministries, institutions, local executive power bodies, economic entioities, officials and citizens.

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