The first FIC interim (preparatory) session was held on 16 April 2019. The session was chaired by the Minister of Investments and Foreign Trade, attended by 50 representatives of foreign investors, IFIs, business associations and the government. The session was focused on improving the communication between the government and investors, and strengthening the culture of the public-private dialogue. One of the topics discussed during the session was concept of the FIC, proposed structure, mission, functions, governance, etc.
As result of the discussion and subsequent consultations with the Ministry of Investments and Foreign Trade and other stakeholders, the FIC has been formally established by the Resolution of the President of the Republic of Uzbekistan “On measures for the establishment and organization of activities of the Foreign Investors Council under the President of the Republic of Uzbekistan” dated 13 November 2019 No. PP-4519.