Theoretical and practical issues of franchise agreements discussed at UWED

Theoretical and practical issues of franchise agreements discussed at UWED

    Theoretical and practical issues of franchise agreements discussed at UWED

    Theoretical and practical issues of franchise agreements discussed at UWED

    On April 7 of the current year a master class was held at the University of World Economy and Diplomacy, dedicated to one of the most promising areas of modern civil law the topic “The Significance and Prospects for the Development of the Commercial Concession Agreement in the Civil Law of the Republic of Uzbekistan”.

    The event was organized by the Head of the Department of Civil Law and Private International Law Disciplines, Sherzodbek Masadykov and Professor of the Department, Nargiza Raimova, with the aim of enriching students’ knowledge in the fields of civil and intellectual property law through real case studies, as well as analyzing legal trends related to the entry of global brands into the national market.

    At the master class presentations were delivered by assistant lawyers from the law firm “Mirzo Ulug‘bek Advokatlari Hayati” Zilola Sultanboyeva and Rushana Umurkulova. Alongside the faculty members, students of the Faculty of International Law actively participated in the event, discussing nuanced legal issues, particularly the granting of rights to use know-how and trademarks.

    During the session, through the prism of Chapter 50 of the Civil Code of the Republic of Uzbekistan, the concept of a franchise agreement, the specific procedures for its conclusion, as well as the mutual rights and obligations of the parties were comprehensively analyzed. This scientific and practical dialogue aligns with the Sustainable Development Goals, particularly Goal 8 “Decent Work and Economic Growth” and Goal 9 “Industry, Innovation and Infrastructure”. It was especially emphasized that the development of small and medium-sized businesses based on ready-made business models is an important factor of the country’s economic stability.

    At the conclusion of the event, it was noted that the principles of SDG Target 16.3 “Ensuring the rule of law and equal access to justice” are closely interconnected with entrepreneurial freedom and the inviolability of intellectual property. Such master classes contribute to developing a critical and analytical approach to modern contractual relations among future legal professionals.