Why is this important
The new body should minimise reputational and legal risks for business, enhance standards in the business environment, and boost investor confidence.
What happened
- President Shavkat Mirziyoyev signed a decree on the establishment of the commission;
- It will be engaged in consulting companies on corporate ethics issues;
- It will be engaged in consulting companies on corporate ethics issues;
- The start of work is the beginning of November 2025.
Context
The Council for Supporting Entrepreneurs has been operating since 2022 and oversees the interaction between business and government. In 2024, its expert panel included more than 40 business and government representatives, including IT, fintech, and export specialists.
Similar business ethics commissions operate in several countries as elements of self-regulation and tools for resolving corporate conflicts without court proceedings.