Legal Regulation of Arbitration Agreement in the Republic of Uzbekistan

Abstract

This article discusses the legislative regulation of arbitration agreements in the Republic of Uzbekistan. The author focuses on the law of the Republic of Uzbekistan “On International Commercial Arbitration” and Tashkent International Arbitration Center (TIAC) as the leading arbitration institution in the Republic of Uzbekistan, respectively, and compares with the Chinese model of legal regulation of the arbitration agreement. As a result of the analysis, the author concludes that it is necessary to make changes to the legislation of the Republic of Uzbekistan to optimize arbitration agreements.