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Uzbekistan introduces law on commercial classified information

Uzbekistan Materials 13 September 2014 11:26 (UTC +04:00)
Law on commercial classified information, accepted by both houses of parliament and signed Sept.11 by Uzbekistan President Islam Karimov, has entered into force
Uzbekistan introduces law on commercial classified information

Tashkent, Uzbekistan, Sept.13

By Demir Azizov- Trend:

Law on commercial classified information, accepted by both houses of parliament and signed Sept.11 by Uzbekistan President Islam Karimov, has entered into force.

The law was published Sept.12 in the country's leading media. The law enters into force from the date of publication.

The purpose of the law is to regulate relations in the field of protection and use of commercial classified information.

The law defines the basic concepts, requirements for commercial classified information, the data that can't constitute commercial classified information, rights of the owner of commercial classified information, measures of its protection and other legal norms.

The act defines commercial classified information as information that has commercial value in the scientific, technological, industrial, economic, financial and other areas because it is unknown to the third parties who don't have free access to it on the legal basis, and the owner of the information takes measures to protect its privacy.

The law also defines a list of what is not considered commercial classified information, rights of the owner of commercial classified information, its terms of protection, the issues of establishment, change or cancel of commercial classified information status and so on.

In particular, commercial classified information can not comprise information on the rights for property and their transactions, which are subject to state registration, the information contained in the founding documents of the legal entity, the documents giving the right to carry out business activities, on the property of the state unitary enterprise, state institutions and their use of the respective budget funds, environmental pollution, the state of fire safety, sanitary-epidemiological and radiation environment, food safety.

The law also includes information about debt of employers on wages and social benefits payment, the conditions of tenders or auctions for the privatization of state property as well as information to be submitted as a state statistical reporting among the data not related to commercial classified information.

Commercial classified information may be provided by the owner or confidant on reasonable request of the agency, if the privileges of this agency include requesting of such information, in accordance with the law. In this case, the public authority is obliged to create conditions that ensure the confidentiality of commercial classified information.

It is expected that the law will create favorable conditions for the effective functioning of economic entities and will become a stimulating factor for further development of information technologies, manufacturing innovations, know-how and innovations.

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