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).
Ministry of Finance (Republic of Uzbekistan) 2026-04-23
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.