Uzbekistan joins Cape Town Convention and Aviation Protocol
By Trend
The Senate of the Oliy Majlis (Parliament) of Uzbekistan has
approved the law "On Accession of the Republic of Uzbekistan to the
Convention on International Interests in Mobile Equipment and the
Protocol to the Convention on International Interests in Mobile
Equipment on Matters Specific to Aircraft Equipment.
These international legal instruments were adopted in Cape Town on
November 16, 2001 and entered into force on March 1, 2006. To date,
73 states have joined the Convention and Protocol.
The Cape Town Convention and the aviation protocol determine the
procedure and consequences of the emergence of international
guarantees recognized by all states that have signed these
documents for aircraft objects - aircraft, engines and other
property.
Uzbekistan's accession to the above-mentioned international legal
documents will allow to save the funds for the acquisition of
expensive aviation equipment when upgrading the fleet of civil
aircrafts in Uzbekistan, which ultimately contributes to the
improvement of flight safety.
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