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RESOLUTION OF THE CABINET OF MINISTERS OF THE REPUBLIC OF UZBEKISTAN

of February 9, 2018 No. 104

About measures for acceleration of realization of the companies and property of national bank of foreign economic activity of the Republic of Uzbekistan

(as amended on 05-09-2024)

For the purpose of further investment attraction and expansion of investing activities of National Bank of foreign economic activity of the Republic of Uzbekistan (further - Uznatsbank), the Cabinet of Ministers decides strengthenings of its resource base, and also the organization based on the bankrupt companies of production of competitive products and creation of new workplaces:

1. Take into consideration that:

according to the Presidential decree of the Republic of Uzbekistan of November 18, 2008 No. UP-4053 "About Measures for Further Increase in Financial Stability of the Companies of Real Production Sector" and decisions of economic courts the property of the bankrupt companies of JSC Bolalar taomlari holding, JSC Uzbek kogozi and JV Uzolmonkhotels LLC is transferred to Uznatsbank based on which were created by Kinder Fruits LLC, Toshkent Qog'ozi LLC and Xorazm Palace LLC;

the property of Namangan To'qimachi LLC which is not used in production with the general territory of the parcel of land of 30,1 of hectare is transferred to Uznatsbank on account of reduction of debt of WICK Tubo Textile LLC to Uznatsbank on redemption payments;

the measures for further realization taken by Uznatsbank to new investors of shares of Uznatsbank in the authorized capital of Kinder Fruits LLC, Toshkent Qog'ozi LLC and Xorazm Palace LLC, and also the property which was earlier belonging to Namangan To'qimachi LLC by numerous exposure them on the public biddings, including with use in accordance with the established procedure of the mechanism of step-by-step reduction in cost, did not cause interest in potential investors in view of their high cost determined by the estimative organizations.

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