Tashkent, Uzbekistan (UzDaily.com) — President of Uzbekistan Shavkat Mirziyoyev has signed the law "On Agricultural Cooperatives."

The law regulates relations related to the creation, operation, reorganization, and liquidation of agricultural cooperatives.

According to the law, an agricultural cooperative is an independent commercial organization based on the voluntary association of individuals and/or legal entities for the purpose of engaging in agricultural activities.

The cooperative has the right not only to provide services in the agricultural sector but also to engage in the production, storage, processing, and sale of agricultural products, as well as other activities not prohibited by law.

Members of the cooperative can include individuals who are at least 16 years old, as well as legal entities that meet the requirements of the cooperative's charter.

The cooperative’s management maintains a registry of its members, which includes information about each member.

Government bodies, other organizations, and officials are prohibited from interfering in the activities of the cooperative as long as they are conducted in accordance with the law.

This law will come into force three months after its official publication.