Humans Group Takes Legal Action to Safeguard Investments

Author: Owen Jenkins Updated: 06-02-2025 02:55 PM

Humans Group Initiates Legal Action

Humans Mobile Ltd, a segment of Humans Group, has officially commenced arbitration actions against the Republic of Uzbekistan. This step aims to secure its investments and uphold the legal framework that enables robust economic activities.

Reasons for the Arbitration

The company asserts that the arbitration proceedings stem from breaches of a bilateral agreement designed to promote and safeguard investments between Uzbekistan and Singapore, established in 2003. These violations have prompted Humans Mobile to seek restitution for the damages incurred due to actions taken by various government authorities.

Restoring Justice and Rule of Law

Vladimir Dobrynin, CEO of Humans Group, expressed a strong commitment to Uzbekistan and its populace. He noted admiration for the President’s initiatives aimed at modernizing the economy, advancing digitalization, and enhancing business freedoms.

He emphasized the challenges faced during this transformative period, where certain forces hinder the establishment of a free market, transparency, and growth. Dobrynin voiced a desire for Uzbekistan to navigate this transformation with established legal parameters and minimized bureaucratic constraints.

Investor Rights and Fair Treatment

Arbitration serves as a vital mechanism for investors, allowing the safeguarding of their rights against inequitable treatment by host nations. Dobrynin advocates for appropriate compensation for the damages sustained, viewing the arbitration process as a pivotal move towards reinforcing fair governance and entrepreneurial support. He remains optimistic that Uzbekistan can cultivate a favorable investment environment and unlock its vast economic capacity.

About Humans Group

Humans Group represents a global network of digital services, with presence across various regions including the USA, Poland, Singapore, Germany, and more. This dynamic group encompasses Humans.uz, a comprehensive application that combines various services such as fintech (Humans Pay), mobile communication (Humans Mobile), grocery deliveries (Humans Yaxshi), and a marketplace (Humans Market). In the USA, it operates Humans.net, a pioneering platform designed for employee recruitment.

Frequently Asked Questions

What is the main reason for Humans Group's arbitration against Uzbekistan?

The arbitration is initiated due to alleged violations of a bilateral investment protection agreement between Uzbekistan and Singapore.

What does Humans Group hope to achieve through this legal action?

Humans Group aims to secure compensation for damages and reinforce fair regulatory principles for investors in Uzbekistan.

Who is the CEO of Humans Group?

Vladimir Dobrynin serves as the CEO and founder of Humans Group.

What services does Humans Group provide?

Humans Group offers various digital services through its platform, including fintech solutions, mobile communications, grocery delivery services, and a marketplace.

Where does Humans Group operate?

Humans Group has offices in multiple countries, including the USA, Uzbekistan, Poland, Singapore, and Germany.

About The Author

Hi there I'm 38-year-old author and financial consultant Owen Jenkins. Having worked in the financial sector for more than ten years, I am well-versed in the subtleties and complexity that mold our financial environment. Following a degree in finance, I worked in a number of financial institutions honing my abilities in market analysis, financial planning, and investment strategies.

My love is teaching others about investing and personal finance. My goal in writing many books and articles has been to demystify financial ideas and give readers the information they need to make wise financial decisions. I write with a direct, useful style that emphasizes doable suggestions for daily living.

Along with writing, I lead webinars and seminars where I impart knowledge on how to successfully negotiate the financial world. I also write for financial journals and show up as a guest expert on financial news programs a lot. Whether they are new to investing or want to improve their approach, my mission is to enable people to take charge of their financial futures.

Beyond work, I like to hike, play the guitar, and spend time with my family. I think that balance is crucial and want to encourage people to strike a balance between their financial aspirations and their hobbies. I want to help people succeed and achieve financial security through my work, so having a good influence.

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