Foreign Personnel in Uzbekistan: The Risks and Opportunities

Umid Yakubov, Lawyer, General Motors Powertrain

The Uzbek economy is developing. Such positive changes are attributable by several incentives of the government, which are designed to attract foreign investors. In addition to already created conditions such as favourable tax regime, availability of dedicated human resources and opportunity to pursue additional individual privileges, increasing consumer potential and state-protected production activities are the main reasons why foreign investors keep being engaged in business in Uzbekistan. In such an emerging environment the business anticipates involvement of foreign expertise and participation of international personnel in domestic activities. This requires the multinational and international companies focusing not only on business goals, but on social and legal conditions of the presence of such international personnel in the country. However, with the conservative and rather old system of Uzbek labour-legal system, it is not always easy and possible to secure the strong legal basis of the activity of internationally seconded personnel in Uzbekistan.

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Uzbekistan Management Automotive February 2011 Vol. 4, No. 14, Winter 2011

Umid Yakubov

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Umid Yakubov, an in-house counsel, has been working for General Motors in Uzbekistan since 2009. He holds bachelor’s degree in Law from Tashkent State Law Institute, Uzbekistan, and master’s degree in International Law from Nagoya University, Japan. Umid was awarded with the State Grant for bachelors study and Japanese Government Scholarship for the master’s education. Previously, Umid served at the Ministry of Justice of the Republic of Uzbekistan and was involved in several joint cooperation programs between the government and international organizations and investors. During his work at the Ministry, he also worked as National Consultant at UNDP Uzbekistan and contributed to development of series of publication (Investment Guide Uzbekistan, Sectoral Guide, Regional Guide) on legal, tax, investments issues. Umid also passed internship programs at Toyota Motors Corporation in 2006.

General Motors Powertrain

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General Motors Powertrain - Uzbekistan CJSC is a closed joint stock company, founded by state-owned Uzavtosanoat JSC, an Uzbek company coordinating automobile industry, and General Motors, designed to manufacture powertrains/engines. General Motors Powertrain - Uzbekistan CJSC as a GM-majority owned company and enters into the GM group of companies. General Motors, one of the world's largest automakers, traces its roots back to 1908. With its global headquarters in Detroit, GM employs 209,000 people in every major region of the world and does business in more than 120 countries. GM and its strategic partners produce cars and trucks in 31 countries, including Uzbekistan. General Motors acquired operations from General Motors Corporation on July 10, 2009, and references to prior periods in this and other press materials refer to operations of the old General Motors Corporation. More information on the new General Motors can be found at www.gm.com.

Uzbekistan Management Automotive February 2011 Vol. 4, No. 14, Winter 2011