Timeline of events
| BAT, British American Tobacco; JV, joint venture. | |
| April 1993 | BAT participates in World Economic Forum visit to Uzbekistan |
| May 1993 | First BAT team visit to Uzbekistan |
| June to October 1993 | Ongoing visits and negotiations |
| September 1993 | Philip Morris’ JV with Almaty Tobacco Kombinat announced |
| 28th September–5th October 1993 | Uzbek delegation visit UK and Europe |
| 5th October 1993 | Memorandum of understanding signed between UPP, GKI and BAT. Includes an exclusive negotiating period of 12 months |
| 23rd–26th November 1993 | President Karimov’s visit to UK |
| 14–16th December 1993 | Sir Patrick Sheehy (BAT Chairman) and Ulrich Herter (Managing Director Tobacco BAT Industries) visit Uzbekistan |
| 15th December 1993 | Protocol of Intent signed by First Deputy Prime Minister Ismael Djurabekov for the Uzbek government and Sir Patrick Sheehy for BAT |
| January 1994 | Establishment of customs union between Kazakhstan, Kyrgyzstan and Uzbekistan announced |
| 11th February 1994 | First Presidential Decree: Cabinet of Ministers Decree signed by President Karimov approving JV with BAT. Agreement on terms of JV to be agreed by 11th May |
| 14th May 1994 | Share Purchase Agreement signed |
| 16th May 1994 | BAT publicly announces the deal |
| 20th June 1994 | Second Presidential Decree: President Karimov signs Cabinet of Ministers Decree on establishment of JV. Confirms monopoly position |
| June, July, August 1994 | Ongoing negotiations focus on taxation |
| 15th July 1994 | BAT discovers existence of Health Decree 30, comprehensive tobacco control legislation |
| Late August 1994 | Tax issues resolved to BAT’s satisfaction and a Tashkent decree banning street advertising is reversed at BAT’s request |
| August–October1994 | Negotiations on Health Decree 30 continue |
| 31st October 1994 | Date by which amended decree would be in force |
| 22nd November 1994 | BAT transfers first payment to establish majority stake in the Uzbek tobacco industry |
| 20th–22nd December 1994 | Sheehy visits Uzbekistan to formalise creation of the JV |