of September 27, 2022 No. PP-381
About measures for project implementation "Water resources management in the basin of the Aral Sea taking into account adaptation to climate changes" with participation of Asian Development Bank
For the purpose of realization of the tasks determined within the special resolution approved on May 18, 2021 at the 75th session of the General Assembly of the United Nations "About the announcement of Priaralya by the territory of ecological innovations and technologies", ensuring sustainable development of agricultural industry on the irrigated lands Priaralya, effective use of water and land resources in the Republic of Karakalpakstan, the Bukhara, Surkhandarya and Khorezm regions and also further cooperation increase with Asian Development Bank:
1. Take into consideration that:
On June 24, 2022 between the Republic of Uzbekistan and Asian Development Bank the Agreement on debt negotiations providing allocation of loan of 150 million US dollars for a period of 25 years, including five-year grace period for financing of the "Water Resources Management in the Basin of the Aral Sea taking into account Adaptation to Climate Changes" project is signed (further - the Project);
the total cost of the Project constitutes 194, 9 million US dollars, including contribution of the Republic of Uzbekistan to project implementation in equivalent 40, of 2 million US dollars, from them 26, 6 million US dollars in the form of compensation of the value added tax and release from the customs duties on the account of means of the republican budget;
from Asian Development Fund 3 million US dollars, Fund of high technologies of Asian Development Bank - 0, are allocated to 3 million US dollars;
the share of farms constitutes 1, 38 million US dollars;
during project implementation the special equipment, mechanisms and processing equipment which are drawn up in customs regime "temporary import" conditionally are exempted from customs duties and tax payments;
the period of project implementation is determined and constitutes 7 years (2022 - 2029);
The project is implemented in the Republic of Karakalpakstan, the Bukhara, Surkhandarya and Khorezm regions.
2. Determine that:
The ministry of water economy is the executive body responsible for project implementation, target and effective use of credit and grant means, and also ensuring achievement of all target indicators of the Project;
management function and coordination of the Project are assigned to the Center of implementation of foreign investment projects in water economy under the Ministry of water economy (further - the Center);
the expenses connected with repayment of loan of Asian Development Bank, and also interest payment, the commission and other payments are performed at the expense of the republican budget of the Republic of Uzbekistan.
3. To the ministry of water economy (Sh. R. Hamrayev):
together with the Ministry of investments and foreign trade (L. Sh. Kudratov) for the purpose of acceleration of project implementation to create the Project implementation team as a part of the Center without the status of the legal entity;
approve annual expense budget and the staff list of the Project implementation team in coordination with the Ministry of Finance (O. R. Isakov);
together with Council of Ministers of the Republic of Karakalpakstan, khokimiyats of the Bukhara, Surkhandarya and Khorezm regions to provide allocation to the Center within the Project of necessary buildings and constructions (rooms) in the respective areas for free use.
4. The banking activities connected with means of the Project are performed by means of the separate deposit (secondary) accounts poste restante opened in commercial banks.
At the same time by means of these accounts the salary is paid, tax payments and other expenses within the Project are paid. The direction from these accounts of funds for repayment of obligations on other projects of the Center is not allowed.
5. Authorize the Minister of Finance to sign on behalf of the Republic of Uzbekistan loan and grant agreements within the Project.
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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