No. 311 of the Council of Ministers Regarding the Formation and Activities the
State Share Holding Corporation Uzkhleboprodukt dated June 20,1994.
Uzkhleboprodukt “is accountable to the Council of Ministers”
“The Council of Ministers nominates the Chairman of the Board and his Deputies”
Top management of Uzkhleboprodukt are equated to Ministers and Deputy Ministers of Uzbekistan.
State of Uzbekistan retains a 51% share in Uzkhleboprodukt and it’s constituents.
Galla-Bank is to be established with Uzkhleboprodukt as a constitutor.
No. 1 of State Share-Holding Corporation Uzkhleboprodukt dated June 24th,
1994 essentially repeats the above points.