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Published on 11 September 2020

Switzerland and Uzbekistan sign an agreement with a view to the restitution of confiscated assets

Bern, 11.9.2020 - Switzerland and Uzbekistan have signed a framework agreement with a view to the restitution of confiscated assets to Uzbekistan. The agreement relates on the one hand to assets of some USD 131 million already definitively confiscated in one of the criminal proceedings in connection with Gulnara Karimova, daughter of the former Uzbek president. On the other hand, it also relates to any further assets that may be definitively confiscated in the future under the still ongoing criminal proceedings. The agreement sets out the principles and stages for the restitution. The assets shall be used for the benefit of the people of Uzbekistan.