Uzbekistan

The Republic of Uzbekistan won in the international investment arbitration case

This investment dispute began in June 2021 and lasted for 5 years.

The Republic of Uzbekistan won in the international investment arbitration case

On October 26, 2026, the arbitration tribunal of the International Centre for Settlement of Investment Disputes (ICSID) issued a decision on the international arbitration case brought by Turkish national Mehmet Zeki Obuz and others against the Republic of Uzbekistan.

 

According to the decision, all claims advanced by the claimants against the Republic of Uzbekistan were rejected.

 

This investment dispute was initiated on the basis of the bilateral agreement on the mutual promotion and protection of investments concluded between the Republic of Uzbekistan and the Republic of Turkey in 1992, began in June 2021, and lasted 5 years. The decision announced by the arbitration tribunal is final for the disputing parties.

 

In this arbitration case, the interests of the state were defended by the Ministry of Justice of the Republic of Uzbekistan and the international law firm "Curtis, Mallet-Prevost, Colt & Mosle" (USA).

 

ZULAYHO MO'MINOVA

MUHARRIR

ZULAYHO MO'MINOVA

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