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RESOLUTION OF THE CABINET OF MINISTERS OF THE REPUBLIC OF UZBEKISTAN

of March 25, 2004 No. 141

About measures for enhancement of management structure of Uzbekengilsanoat State joint-stock company and stimulation of further development of light industry of the republic

(as amended on 02-03-2018)

In pursuance of the Presidential decree of the Republic of Uzbekistan of December 22, 2003 No. UP-3366 "About Enhancement of System of Bodies of Economic Board" and for the purpose of further liberalization of management of light industry according to requirements of market economy, deepening and expansion of incentives and preferences for investment attraction in industry for upgrade and creation of new productions with the finished cycle. First of all, the Cabinet of Ministers decides expansions of the export potential and release of competitive products:

1. Ceased to be valid according to the Resolution of the Cabinet of Ministers of the Republic of Uzbekistan of 02.03.2018 No. 164

2. Ceased to be valid according to the Resolution of the Cabinet of Ministers of the Republic of Uzbekistan of 02.03.2018 No. 164

3. SAC Uzbekengilsanoat to make corresponding changes and additions to the company charter in a month, and in accordance with the established procedure to perform its re-registration in the Ministry of Justice of the Republic of Uzbekistan.

4. Approve the Investing program SAC Uzbekengilsanoat for 2004-2006 according to appendix No. 3.

Take into consideration the statement SAC Uzbekengilsanoat that the construction new and reconstruction of operating plants will be performed only on the basis of installation and installation of the new, not being in operation, processing equipment.

5. Permit, according to the procedure of exception, to the companies SAC Uzbekengilsanoat for the period till January 1, 2007 to acquire for free convertible currency (with charge of the VAT on zero rate) textile semifinished products (yarn, fabrics, knitted cloth and waste of hlopkopryadeniye, accessories and fitment) in the domestic market at the prices not below world, developed at the time of the conclusion of the contract.

6. For improvement of quality and competitiveness, and also expansion of the range of products of light industry to exempt, for up to January 1, 2007, from payment of import customs duties the chemicals imported by the companies SAC Uzbekengilsanoat, dyes, fitment and accessories, and also other auxiliary materials which are not made in the republic according to appendix No. 4.

Determine that the released funds are allocated for target use for upgrade and modernization of the companies of industry.

7. Permit the companies of light industry making and exporting finished sewing and knitted products, establish, according to the procedure of exception, effective period of the letter of credit up to 90 days in case of confirmation of letter of credit payment method.

Recommend to commercial banks of the republic to grant to the companies of light industry short-term loans for up to 180 days, including currency, for production and realization of export products.

8-10. Confidentially.

11. Provide, since January 1, 2005, for a period of two years to the companies with foreign investments additional discount in the amount of 5 percent for the cotton fiber which is purchased for freely-convertible currency on condition of complete conversion of all amount of cotton fiber by them to final goods (sewing, knitted, hosiery) and their export in amount, at least 80 percent from production volume.

To the Ministry of Finance of the Republic of Uzbekistan together with Uzbekengilsanoat association Uzpakhtasanoat, SAC and other interested ministries and departments in two-month time to develop and approve procedure for provision of additional discount for cotton fiber to the companies with foreign investments.

12. SAC Uzbekengilsanoat till July 1, 2004 to organize the Center for advanced training and retraining of personnel (managers and technologists) for the companies of light industry.

13. Recognize invalid the order of the Cabinet of Ministers of October 29, 2003 as No. 636-f.

Ceased to be valid according to the Resolution of the Cabinet of Ministers of the Republic of Uzbekistan of 02.03.2018 No. 164

14. To impose control over the implementation of this resolution on Deputy prime ministers of the Republic of Uzbekistan Usmanova M. Z. and Azimova R. S.

Chairman of the Cabinet of Ministers

I. Karimov

Appendix № 3

to the Resolution of the Cabinet of Ministers of the Republic of Uzbekistan of March 25, 2004 No. 141

Investing program SAC Uzbekengilsanoat for 2004 - 2006.

cm. Investing program SAC Uzbekengilsanoat for 2004 - 2006 (34Kb In original language)

Appendix No. 4

to the Resolution of the Cabinet of Ministers of the Republic of Uzbekistan of March 25, 2004 No. 141

The list of chemicals, dyes, fitment and accessories, and also other textile auxiliary materials imported by the companies SAC Uzbekengilsanoat which are exempted from import customs duties for up to January 1, 2016.

see the List of chemicals, dyes, fitment and accessories, and also other textile auxiliary materials imported by the companies SAC Uzbekengilsanoat which are exempted from import customs duties for up to January 1, 2016 (22Kb In original language)

Appendix No. 7

to the Resolution of the Cabinet of Ministers of the Republic of Uzbekistan of March 25, 2004 No. 141

Changes and additions made to the resolution of the Cabinet of Ministers of the Republic of Uzbekistan of July 2, 2002 No. 240 "About measures for development and enhancement of the organization of management of light industry of the republic"

1. 1, the 3 and 7 resolutions and appendix No. No. 1,2,3,4,6 to the resolution to consider Items invalid.

2. In Item 6:

shall be replaced with words the words "till January 1, 2006" "till January 1, 2007":

words "the companies of textile and light industry which entered the Concept of development for the period till 2005" shall be replaced with words "SAC Uzbekengilsanoat.

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info

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