Legal progress of e-commerce legislation in Central Asia during the COVID-19 period

Ammar Younas,Mukhammad Ali Turdialiyev,Aminjon Kalandarov

doi:10.47689/2181-1415-vol2-iss6-pp170-176

Abstract

At the peak of the 4th Industrial Revolution, the legal systems of different countries are trying to adapt the national legal and law enforcement systems of their states to new business areas and technological innovations. One of these areas is Internet business. This type of commerce was practically not regulated in legal and legal terms. The Central Asian countries are systematically trying to update their legal systems, including laws related to e-commerce. The pandemic has accelerated the adoption of laws regulating e-commerce. Since it is impossible to predict when the pandemic will end, there are opinions that we need to learn to live with it. The economic consequences are directly reflected in the banking and financial, manufacturing, services and foreign trade activities of the economies of the Central Asian countries. This article is an overview of the current progress in the field of e-commerce in Central Asia. Since several legal acts were adopted during the period of COVID-19, a generalized overview of the laws on electronic commerce in the era before COVID-19 is analyzed.

Highlights

At the peak of the 4th Industrial Revolution, the legal systems of different countries are trying to adapt the national legal and law enforcement systems of their states to new business areas and technological innovations
Central Asia has tremendous e-commerce potential as access to mobile devices and the Internet continues to grow, especially with the rise in popularity of digital payments, increased government support initiatives, and an overall post-economic recovery
Much of this potential lies in the fact that Central Asia is a developing region with underutilized financial innovation and e-commerce capabilities

Summary

Introduction

At the peak of the 4th Industrial Revolution, the legal systems of different countries are trying to adapt the national legal and law enforcement systems of their states to new business areas and technological innovations. In 2018, the Ministry of Trade and Integration of the Republic of Kazakhstan signed a Memorandum with the international company “Wildberries” on the implementation of the investment project Its main goal is to create and develop infrastructure that will increase the export of Kazakhstani goods through this platform. Resolution of the Cabinet of Ministers of the Republic of Uzbekistan dated January 30, 2007 N 21 "On Measures for the Development of Electronic Commerce" 5.

Results

Conclusion