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IFC to assist in developing appraisal activities in Uzbekistan

IFC to assist in developing appraisal activities in Uzbekistan

Date: 23 December 2015 11:47

Tashkent, Uzbekistan, Dec. 23

By Demir Azizov– Trend:

State Committee of Uzbekistan on privatization, demonopolization and development of completion and International Finance Corporation (IFC) signed an agreement on cooperation in the sphere of development of appraisal activities, the press service of the committee reported.

The sides will cooperate in developing legal base of appraisal activities in Uzbekistan, in particular, appraisal of movables within the framework of the agreement.

The IFC will assist the Uzbek Competition Committee to develop new draft national standards of Uzbekistan on appraisal of movable assets, according to the press service of the committee.

In particular, it is planned to develop standards for appraisal of vehicles, machines and equipment, precious metals, stones and jewelry products, debts, material reserves, agriculture products, etc.

The work on creation of new standards will be conducted in cooperation with the Association of Appraisal Organizations and Union of Appraisers of Uzbekistan based on international standards.

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