LEGAL REGULATION OF ELECTRONIC COMMERCE: CURRENT ISSUES AND DEVELOPMENT DIRECTIONS FOR ENTREPRENEURSHIP
Keywords:
electronic commerce, digital economy, legal regulation, e-commerce law, Uzbekistan, UNCITRAL, OECD, cybersecurity, digital infrastructure, consumer protection, escrow services, digital signature, personal data, tax incentives, international harmonizationAbstract
this paper examines the current state and challenges of legal regulation in the field of electronic commerce in Uzbekistan. With the rapid growth of the global and domestic e-commerce sectors, the need for a robust and transparent legal framework becomes more urgent. The study analyzes key issues such as fragmented legislation, underdeveloped infrastructure, digital illiteracy, cybersecurity risks, and regulatory gaps. Special attention is given to the need for harmonization with international standards (UNCITRAL, OECD), strengthening consumer rights, improving data governance, and introducing legal innovations such as digital signatures and escrow services. The article also explores the state’s role in creating a business-friendly digital ecosystem through tax incentives, infrastructure investments, and legislative reforms. Based on the analysis, the paper proposes practical directions for improving the legal environment to support entrepreneurs and ensure sustainable growth in Uzbekistan’s digital economy.
References
1. UNCITRAL Model Law on Electronic Commerce (1996) with additional article 5 bis as adopted in 1998 - https://uncitral.un.org.
2. Tax Inspectors Without Borders present plans to expand international tax co-operation for sustainable development over the coming decade - https://www.oecd.org.
3. Law of the Republic of Uzbekistan on Electronic Commerce - https://lex.uz/docs/6213428.
4. UNCITRAL Model Law on Electronic Commerce (1996) with additional article 5 bis as adopted in 1998 - https://uncitral.un.org/en/texts/ecommerce/modellaw/electronic_commerce.
5. DECREE OF THE PRESIDENT OF THE REPUBLIC OF UZBEKISTAN ON APPROVAL OF THE STRATEGY “DIGITAL UZBEKISTAN-2030” AND MEASURES FOR ITS EFFECTIVE IMPLEMENTATION - https://lex.uz/ru/docs/7008256.