The Ministry of Finance of the Republic of Uzbekistan has brought into force a bilateral agreement with the IFRS Foundation to support the implementation, publication and translation of the IFRS Sustainability Disclosure Standards in Uzbekistan, establishing a legal and institutional basis for domestic adoption of the standards developed by the International Sustainability Standards Board (ISSB). The agreement aligns with Presidential Decision PQ-282 of 15 September 2025, which provides for public interest entities to implement the IFRS Sustainability Disclosure Standards from 1 January 2027. The standards extend corporate reporting to include sustainability-related disclosures, including environmental, social and governance information, and Uzbekistan has joined the Jurisdictional Adopters Working Group (JAWG).
2026-04-23Ministry of Finance (Republic of Uzbekistan)
Ministry of Finance of the Republic of Uzbekistan signs IFRS Foundation agreement to implement IFRS Sustainability Disclosure Standards
The Ministry of Finance of Uzbekistan has brought into force a bilateral agreement with the IFRS Foundation to support implementation, publication and translation of the IFRS Sustainability Disclosure Standards, creating a legal and institutional basis for domestic adoption of International Sustainability Standards Board standards. The agreement aligns with Presidential Decision PQ-282, under which public interest entities will implement the standards from 1 January 2027, and Uzbekistan has joined the IFRS Jurisdictional Adopters Working Group.