Document from CIS Legislation database © 2003-2024 SojuzPravoInform LLC

PRESIDENTIAL DECREE OF THE REPUBLIC OF UZBEKISTAN

of November 21, 2023 No. UP-198

About additional measures for production of high-quality and competitive products in separate industries

For the purpose of ensuring execution of the priority tasks determined in the resolution of the President of the Republic of Uzbekistan of September 4, 2023 No. PP-292 "About measures for realization of the tasks determined in open dialogue of 2023 of the President of the Republic of Uzbekistan with entrepreneurs" and also expansion of production capacities and creation of additional reserves by development of the industry of the republic:

1. Determine that:

a) proceeding from the export volume performed within the last 12 months at the expense of Fund of support of export financial resources for a period of up to 2 years in the following sizes are allocated to the confectionery companies for financing of export and preexport trading activities:

to 1 million US dollars - in case of export volume to 500 thousand US dollars;

to 2 million US dollars - in case of export volume from 500 thousand US dollars to 4 million US dollars;

to 3 million US dollars - in case of export volume over 4 million US dollars;

b) till January 1, 2025:

are exempted from customs duty the packaging and label products used in case of production of wide range of confectionery products (the Commodity Nomenclatures of Foreign Economic Activity codes 3919 108 000 and 3921 906 000);

to producers of yarn when importing cotton and artificial fibers for the needs (except for import from neighboring states) at the expense of means of the Agency of promotion of export 50 percent of transportation expenses are compensated.

2. Government commission concerning investment attraction, development of the industry and regulation of trade (Zh. Hodzhayev) together with the interested ministries and departments to make the changes and additions following from this Decree to the relevant acts in a month.

3. Make changes and additions to some acts of the President of the Republic of Uzbekistan and the Government of the Republic of Uzbekistan according to appendix No. 1, providing:

decrease by 5 times of the operating amount of the collection levied when exporting yarn for a period of up to December 31, 2024;

provision for a period of up to December 31, 2024 to the companies in which total sales from realization of colored cloth and colored fabric the share of realization of these products in the domestic market constitutes at least 50 percent, the rights to payment of the social tax on the tax rate in the amount of 1 percent and payment deferral of the property tax of legal entities for up to three years;

release for a period of up to October 1, 2026 from customs duty of the separate goods necessary for implementation of activities of the textile and sewing and knitted companies, in case of their import;

prolongation of the period of implementation of payments by installments by provision in lease of land, and also buildings and constructions in industrial zones from the operating 12 months to 24 months.

4. Recognize invalid some acts of the President of the Republic of Uzbekistan according to appendix No. 2.

5. To impose control of execution of this Decree on deputy prime ministers Zh. A. Hodzhayev and D. A. Kuchkarov.

President of the Republic of Uzbekistan

Sh. Mirziyoev

 

Appendix No. 1

to the Presidential decree of the Republic of Uzbekistan of November 21, 2023 No. UP-198

Changes and additions made to some acts of the President of the Republic of Uzbekistan and the Government of the Republic of Uzbekistan

1. To state the subitem "b" of Item 8 of the Presidential decree of the Republic of Uzbekistan of May 5, 2020 to No. UP-5989 "About Urgent Measures for Support of the Textile and Sewing and Knitted Industry" in the following edition:

"b) when exporting cotton yarn and knitted cloth through customs border of the Republic of Uzbekistan:

collection for each kilogram of the exported yarn since January 1, 2021 in the amount of 0, of 01 US dollars, since January 1, 2022 - 0, the 05th US dollar, since November 1, 2023 - 0, 01 US dollar, since January 1, 2025 - 0, 2 US dollars is levied;

collection for each kilogram of the exported knitted cloth (except colored knitted cloth) since January 1, 2022 in the amount of 0, the 05th US dollar, since January 1, 2024 - 0, 1 US dollar, since January 1, 2025 - 0, 2 US dollars is levied".

2. To state Item 5 of the Presidential decree of the Republic of Uzbekistan of October 21, 2020 to No. UP-6091 "About Measures for Further Expansion of Financial Support of Export Activities" in the following edition:

"5. Determine that:

With the agency of promotion of export under the Ministry of investments, industry and trade of the Republic of Uzbekistan to commercial banks for the credits for the trading activities connected with export, and preexport financing is allocated:

a) one-time financial resources in the amount of, not exceeding equivalent of 1 million US dollars (to the export companies which annual export volume exceeds 20 million US dollars, in equivalent to 5 million US dollars), and also for a period of up to one year.

At the same time in case of repayment at the scheduled time of the determined part of the issued credits to subjects of entrepreneurship additional loans in proportion to the extinguished part of the credit are allocated;

b) to the export organizations included in the "New Uzbekistan — the Country of Competitive Products" Program proceeding from the export volume performed within the last 12 months for a period of up to 1 year - financial resources in the following sizes:

to 2 million US dollars - in case of export volume from 5 million US dollars to 10 million US dollars;

to 3 million US dollars - in case of export volume from 10 million US dollars to 15 million US dollars;

to 4 million US dollars - in case of export volume from 15 million US dollars to 20 million US dollars;

proceeding from the export volume performed within the last 12 months financial resources for a period of up to 2 years in the following sizes are allocated to the confectionery companies for financing of preexport and export trading activities:

to 1 million US dollars - in case of export volume to 500 thousand US dollars;

to 2 million US dollars - in case of export volume from 500 thousand US dollars to 4 million US dollars;

to 3 million US dollars - in case of export volume over 4 million US dollars;

c) financial resources for financing of revolving credits on replenishment of current assets of exporters when exporting of goods by them (are provided to commercial banks including when exporting of conversion products by the companies in customs regime "re-export") with payment deferral condition on them on rate 4 annual interest rates (including margin of bank - 2 percent) for the term of payment deferral and in the amount of the cost of the exported products, but in equivalent no more than 3 million US dollars.

Warning!!!

This is not a full text of document! Document shown in Demo mode!

If you have active License, please Login, or get License for Full Access.

With Full access you can get: full text of document, original text of document in Russian, attachments (if exist) and see History and Statistics of your work.

Get License for Full Access Now

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

Effectively work with search system

Database include more 50000 documents. You can find needed documents using search system. For effective work you can mix any on documents parameters: country, documents type, date range, teams or tags.
More about search system

Get help

If you cannot find the required document, or you do not know where to begin, go to Help section.

In this section, we’ve tried to describe in detail the features and capabilities of the system, as well as the most effective techniques for working with the database.

You also may open the section Frequently asked questions. This section provides answers to questions set by users.

Search engine created by SoyuzPravoInform LLC.