RESOLUTION OF THE CABINET OF MINISTERS OF THE REPUBLIC OF UZBEKISTAN

of May 27, 1998 No. 232

About enhancement of the mechanism of stimulation of development of small business

In pursuance of the Presidential decree of the Republic of Uzbekistan of April 9, 1998 and for the purpose of enhancement and coordination of system of support of entrepreneurship the Cabinet of Ministers decides No. UP-1987 "About Measures for Further Stimulation of Development of Private Entrepreneurship, Small Business":

1. Take into consideration that the legislation of the Republic of Uzbekistan installs broad system of guarantees for subjects of small business according to appendix No. 1.

Forbid the publication of the departmental acts complicating procedure for creation, registration and activities of subjects of small and medium business, request of the additional references and documents which are not provided by decisions of the government.

2. Determine that on state bodies, financial institutions, insurance and non-governmental organizations responsibility for implementation of functions on support of development of small business according to appendix No. 2 is conferred.

Warn heads of local authorities of the government, and also specified in appendix of the ministries, departments and structures that their activities will be estimated on that how effectively they promote development of small business, private entrepreneurship.

3. Ceased to be valid the Resolution of the Cabinet of Ministers of the Republic of Uzbekistan No. 59 of 11.02.2005.

4. Accept the offer of the Ministry of external commercial relations on holding exhibitions presentations with delivery and demonstration in regions of the republic of examples of foreign mini-technologies and the compact equipment for portfolio construction of orders of subjects of small and medium business and carrying out competitive selection on their inclusion in foreign credit lines.

To the ministry of external commercial relations of the Republic of Uzbekistan together with Council of Ministers of the Republic of Karakalpakstan, khokimiyats of areas and Tashkent in two-month time to determine specific terms of carrying out in regions of the republic during the period from September, 1998 to February, 1999 of exhibitions presentations, to provide organizational specifications on holding exhibitions, broad attraction to participation of subjects of entrepreneurship in them, the corresponding media advertizing.

5. Determine that development of standard investment projects with use of mini-technologies and the compact equipment on foreign credit lines is performed by Uzinvestproyekt together with the Ministry of Foreign Economic Relations, Investments and Trades of the Republic of Uzbekistan, proceeding from terms for crediting representatives of banks contractors of foreign credit lines.

To National Bank of foreign economic activity, bank of Usak in a month, to other commercial banks in process of opening in them foreign credit lines to develop procedure for carrying out tenders between subjects of small and medium business on receipt of the corresponding credits by them under standard projects and to bring them to members of Chamber of producers and entrepreneurs of Uzbekistan, Association Dehkan and farms.

6. Approve the Procedure for selection of projects and provision of the foreign credits for development of small business according to provision No. 3.

Determine that control of timely and target use by subjects of small and medium business of foreign credit lines is assigned to commercial banks.

7. Ceased to be valid according to the Resolution of the Cabinet of Ministers of the Republic of Uzbekistan of 29.12.2012 No. 369

8. Recommend to authorized banks contractors of foreign credit lines in case of insufficiency at the subject of small business of mortgage providing to accept as pledge:

futures contracts for future harvest or products made on the equipment purchased in the credit account;

the foreign compact equipment which is purchased on account of the credits with subsequent its sale on auction basis or transfer to leasing in case of realization of the right of the pawnbroker.

9. Approve initiative of National Bank of foreign economic activity and Banking association of Uzbekistan:

about rendering by commercial banks on a grant basis services to small enterprises on examination and selection of investment projects for their inclusion in foreign credit lines.

10. Gokomstatu of the Republic of Uzbekistan from the second half of the year 1998 to perform in accordance with the established procedure the quarterly development of statistical information reflecting dynamics of creation and liquidation of the companies of small business, and also the main indicators of their activities in territorial and industry cuts.

11. Ceased to be valid according to the Resolution of the President of the Republic of Uzbekistan of 27.12.2016 No. PP-2699

12. To impose control of execution of this resolution on the Prime Minister of the Republic of Uzbekistan Sultanov U. T.

Appendix No. 1

to the Resolution of the Cabinet of Ministers of the Republic of Uzbekistan of May 27, 1998 No. 232

The guarantees established by the legislation of the Republic of Uzbekistan for small business entities 

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