Exhibit
10.6


 


Oxus
Acquisition Corp.


7F,
77/2 Al-Farabi Avenue


Almaty,
Kazakhstan 050040


 


September
2, 2021


 


Oxus Capital
PTE. LTD


7F, 77/2
Al-Farabi Avenue


Almaty, Kazakhstan
050040


 


Ladies and
Gentlemen:


 


This
letter will confirm our agreement that, commencing on the effective date (the “Effective Date”) of the registration
statement (the “Registration Statement”) for the initial public offering (the “IPO”)
of the securities of Oxus Acquisition Corp. (the “Company”) and continuing until the earlier of (i) the consummation
by the Company of an initial business combination or (ii) the Company’s liquidation (in each case as described in the Registration
Statement) (such earlier date hereinafter referred to as the “Termination Date”), Oxus Capital PTE. LTD (the
“Sponsor”) shall make available, or cause to be made available, to the Company certain office space, utilities
and administrative support as may be reasonably required by the Company from time to time, situated at 7F, 77/2 Al-Farabi Avenue, Almaty,
Kazakhstan 050040 (or any successor location). In exchange therefor, the Company shall pay the Sponsor the sum of $10,000 per month on
the Effective Date and continuing monthly thereafter until the Termination Date. The Sponsor hereby agrees that it does not have any
right, title, interest, cause of action or claim of any kind (each, a “Claim”) in or to any monies that may
be set aside in a trust account (the “Trust Account”) to be established upon the consummation of the IPO for
the benefit of the public stockholders of the Company and hereby waives any Claim it may have in the future as a result of, or arising
out of, any negotiations, contracts or agreements with the Company and will not seek recourse against the Trust Account for any reason
whatsoever.


 


This
letter agreement constitutes the entire agreement and understanding of the parties hereto in respect of its subject matter and supersedes
all prior understandings, agreements, or representations by or among the parties hereto, written or oral, to the extent they relate in
any way to the subject matter hereof or the transactions contemplated hereby.


 


This
letter agreement may not be amended, modified or waived as to any particular provision, except by a written instrument executed by all
parties hereto.


 


No
party hereto may assign either this letter agreement or any of its rights, interests, or obligations hereunder without the prior written
approval of the other party. Any purported assignment in violation of this paragraph shall be void and ineffectual and shall not operate
to transfer or assign any interest or title to the purported assignee.


 


This
letter agreement constitutes the entire relationship of the parties hereto, and any litigation between the parties (whether grounded
in contract, tort, statute, law or equity) shall be governed by, construed in accordance with, and interpreted pursuant to the laws of
the State of New York, without giving effect to its choice of laws principles.


 


[Signature
Page Follows]


 




     


     


    

 


	 	Very truly yours,
	 	 
	 	OXUS ACQUISITION CORP.
	 	 	 
	 	By:	/s/
    Kanat Mynzhanov
	 		Name: 	Kanat Mynzhanov
	 		Title:	Chief Executive Officer


 


	AGREED TO AND ACCEPTED BY:	 
	 	 
	OXUS CAPITAL PTE. LTD	 
	   	 	 
	By:	/s/
    Wee Sung Cheng	 
		Name: 	Wee Sung Cheng	 
		Title:	Director	 



 


[Signature
Page to Administrative Services Agreement]