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DOI: THE MINIMAL INTERFERENCE OF THE STATE IN THE BUSINESS ACTIVITY - AN IMPORTANT PRINCIPLE OF BUSINESS ACTIVITY
Nuriddin Murotov , Chairman Of The Sariosiyo Inter-District Economic Court Independent Researcher Of The Supreme School Of Judges, UzbekistanAbstract
The article discusses the necessity of minimal state interference and regulation in entrepreneurship to foster its growth. It highlights how modern nations have achieved remarkable outcomes by promoting an environment where governmental intrusion is minimal, and freedom of activity is upheld. The paper examines the current legal framework in the Republic of Uzbekistan, pointing out that some norms contradict the principle of limited state participation. It advocates for improvements by restricting the establishment of state enterprises, promoting privatization, and focusing on private property. To enforce the principle of limited state involvement, necessary adjustments are proposed for both existing and forthcoming legislation.
Keywords
Entrepreneurship, State interference, Regulation
References
Decree No. PD-60 of the President of the Republic of Uzbekistan dated January 28, 2022 "On the Development Strategy of New Uzbekistan for 2022-2026" // https://lex.uz/docs/5841063
Resolution No. 23 of the Cabinet of Ministers of the Republic of Uzbekistan dated January 18, 2021 "On approval of the concept of development of state policy on youth in Uzbekistan until 2025" // https://lex.uz/docs/5234746
The Law of the Republic of Uzbekistan "On the policy of youth welfare". // https://lex.uz/docs/3026246
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