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Money Remittance from Uzbekistan under Different Arrangements

1. Under Uzbek law, there are generally two ways to recoup the investments from an Uzbek borrower under a loan type arrangement.  These are:

 

(i)            payment of an interest that is agreed upon and specified in the loan agreement;

 

(ii)           payment of dividends payable by the Resident Company to the foreign participant.Furthermore, the Resident

 

Company established as a special purpose vehicle (SPV) is free to make the following foreign arrangements:


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