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Shukhrat Yunusov

Partner

Shukhrat Yunusov

Overview

Shukhrat Yunusov is a Partner and Head of Banking and Finance practice at Kosta Legal. He is dual-qualified as a Solicitor of the Senior Courts of England and Wales and as an Advocate in Uzbekistan.

With over a decade of experience at a global law firm, Shukhrat has established a strong reputation for advising leading international financial institutions, multilateral development banks, and the Uzbek government on complex cross-border transactions. His expertise spans bilateral and syndicated lending, capital markets, derivatives, and structured finance.

Shukhrat is also skilled in project finance, advising on large-scale infrastructure, energy, and industrial projects, leveraging his deep understanding of financial structures and regulatory frameworks. His strong track record and deep understanding of the legal and financial landscape have earned him recognition as a leading expert in his field.

Shukhrat spent a year at the London office of a global law firm. He advised clients (Luxembourg, UK and Ireland) on debt capital markets and structured finance products.

Project Highlights

National Investment Fund of the Republic of Uzbekistan in connection with the over USD 690 million initial public offering, involving a dual listing on the Tashkent Republican Stock Exchange and the London Stock Exchange

Ministry of Investment, Industry and Trade of the Republic of Uzbekistan and IFC (US) on drafting the Law on Alternative Investment Funds

Citibank and other Joint Lead Managers – Mashreqbank, First Abu Dhabi Bank and Abu Dhabi Commercial Bank – in connection with the inaugural international Eurobond issuance by JSC Aloqabank in the amount of USD 300 million

Masdar (UAE) on achieving financial close for the 300 MW Guzar solar power plant and 75 MWh battery energy storage system (BESS) project in the Kashkadarya region of Uzbekistan

Ministry of Economy and Finance of the Republic of Uzbekistan on Uzbek law aspects of the Republic of Uzbekistan’s sovereign bond issuance, including regulatory, documentation and transaction structuring matters

Consortium of international lenders – Commercial Bank of Dubai (CBD), First Abu Dhabi Bank (FAB), Mashreqbank and Qatar National Bank (QNB) – on a USD 250 million financing extended to Agrobank

Awards & Recognition

Band 2, Chambers Global and Asia-Pacific 2026. “Shukhrat Yunusov is a partner in Tashkent who regularly advises clients on project finance transactions as well as cross-border corporate finance matters.”
Leading Partner, The Legal 500 EMEA 2026. “Shukhrat Yunusov demonstrates strong project finance capability and precise, commercially grounded execution.”
Highly Regarded, IFLR1000 Asia-Pacific 2025

Capabilities

  • Banking and Finance

  • Capital Markets

  • Project Finance

  • Aviation

Languages

  • English

  • Uzbek

  • Russian

Qualifications

  • APMG’s Certified Professional (CP3P Foundation, Preparation and Execution Courses)

  • Admitted as solicitor, England and Wales

  • Admitted as an advocate, Uzbekistan

Education

University of Durham (UK), LLM in International Trade and Commercial Law, 2010

University of World Economy and Diplomacy (Uzbekistan), LLB in International Law, 2008