Tashkent, Oct. 24 -- Uzbekistan was placed 69th in the Doing business ranking among 190 countries of the world, scoring 69.9 points out of 100. Since last year, the country has risen from 76th place to 7 positions up. Together with four other countries in the Europe and Central Asia region, including Tajikistan, Azerbaijan, Kyrgyzstan and Kosovo, Uzbekistan is now among 20 countries that made the most progress in improving the business climate.

The key reforms in this area are:

- strengthening the protection of minority investors by expanding the rights and role of shareholders in key corporate decisions, clarifying ownership and control structures, and increasing corporate transparency;

- simplification of taxation by combining the ta...