Uzbekistan prevails in International Investment Arbitration Case
November 13, 2026. 17:00 • 1 min
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TASHKENT, November 13. /Dunyo IA/. On October 26th, 2026, an arbitral tribunal of the International Centre for Settlement of Investment Disputes (ICSID) issued its decision in an international arbitration case initiated against Uzbekistan by Turkish national M.Z.O. and others, reports Dunyo IA correspondent.
According to the Ministry of Justice of Uzbekistan, under the decision, all claims brought by the claimants against Uzbekistan were dismissed.
Investment dispute arose under the bilateral agreement on the reciprocal promotion and protection of investments concluded between the Republic of Uzbekistan and Türkiye in 1992. The proceedings commenced in June 2021 and lasted five years.
Decision issued by the arbitral tribunal is final and binding on the disputing parties.
Interests of the state in this arbitration case were represented and defended by the Ministry of Justice of the Republic of Uzbekistan and the international law firm “Curtis”, “Mallet-Prevost”, “Colt & Mosle” (USA).
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