LEGAL PROTECTION MECHANISMS OF INVESTMENTS IN THE REPUBLIC OF UZBEKISTAN: EFFECTIVENESS OF INTERNATIONAL ARBITRATION AND OTHER INSTRUMENTS

Abstract

This article analyzes the mechanisms of legal protection of investments, in particular the international arbitration system and its effectiveness. It also highlights the role of bilateral investment treaties, ICSID and UNCITRAL in ensuring the legal security of investors. The article examines the existing legislative framework for the legal protection of investments, especially foreign investments, in the Republic of Uzbekistan and its state of operation. Also, based on international experience, the strengths and weaknesses of Uzbekistan in this area are studied, and scientifically based proposals are made to improve it and eliminate weaknesses.