International Roundtable Series
upcoming

International Round Table

Illegal trade, grey market and parallel imports in Uzbekistan: an expert view on challenges and regulatory strategies

August 21, 2025 · Tashkent, Uzbekistan · InterContinental, Hall "Amudarya"
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About

International roundtable with government, industry and NGOs focusing on illegal trade and grey imports across key sectors.

Overview

The goal is to discuss the scale, causes, and consequences of illegal trade, as well as the impact of the grey market and parallel imports in Uzbekistan. Special attention will be given to the sectors most vulnerable to shadow circulation — jewelry, construction, agriculture, pharmaceuticals, and the FMCG sector.

The goal is to develop joint approaches to reduce the negative impact of these phenomena on the economy, legal businesses, and consumers, as well as to identify measures for increasing transparency and the competitiveness of key industries.

A comprehensive approach to addressing grey market and illegal trade issues will help strengthen the position of legitimate businesses, increase consumer trust, and ensure the sustainable development of Uzbekistan's economy. It is crucial to unite the efforts of government, business, and civil society to create a transparent and competitive environment.

Affected sectors

Jewelry
Construction
Agriculture
Pharmaceuticals
FMCG

Programme

08:45–09:30
Registration
09:00–09:30
Business coffee
10:00–10:15
Opening of the roundtable
  • Dmitriy Bolotov — BMF Business Research
  • Jeffrey P. Hardy — Director General, TRACIT
10:15–12:00
Panel: Problems of illegal trade and the black market in Uzbekistan
Moderator: Muhammadali Maksutovich Makhmudov — Managing Partner, Legalmax Law Firm; Attorney; Chairman of the Board, Association of Patent Attorneys of Uzbekistan
  • Jeffrey P. Hardy — Director General, TRACIT
    Illegal trade in Central Asia: current situation, best practices, and next steps.
  • Amir Sultanov — Executive Director, Novotek; Head of the permanent Pricing Working Group of the Association of Foreign Pharmaceutical Companies and Manufacturers of the Republic of Uzbekistan
    Pricing in Uzbekistan's pharmaceutical market: challenges of grey imports and regulatory pathways.
  • Dmitriy Bolotov — BMF Business Research
    The problem of counterfeit and smuggled goods in Uzbekistan and neighboring countries.
  • Olzhas Karipbayev — BMF Business Research
    Practice of applying intellectual property legislation in the Republic of Kazakhstan.
  • Alexander Lobanov — Legalmax Law Firm
    Review of court practice on parallel imports in 2025 (trends).
  • Alexander Panov — Verba Legal
    Regulatory, fiscal, and technological solutions to protect the domestic market from grey imports.
12:00–13:30
Discussion
Moderator: Dmitriy Bolotov — BMF Business Research

Speakers

Jeffrey P. HardyTRACIT
Amir SultanovNovotek
Dmitry BolotovBMF Business Research
Alexander PanovVerba Legal

Partners

Resources

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August 21, 2025 · InterContinental, Hall "Amudarya" · Attendance by invitation