RESOLUTION OF THE PRESIDENT OF THE REPUBLIC OF UZBEKISTAN

of May 14, 2025 No. PP-172

About measures for project implementation "Development of chain of value added in the dairy sector of Uzbekistan (the 2nd stage)" with participation of the International fund of agricultural development

For the purpose of the accelerated development of the dairy sector of livestock production, and also increase in financial stability of the companies for conversion of dairy products, I decide:

I. Purposes

1. Determine the main target indicators of the "Development of Chain of Value Added in the Dairy Sector of Uzbekistan (the 2nd Stage)" project (further - the Project) with participation of the International fund of agricultural development (further - MFSR):

(a) creation in the Jizzakh, Kashkadarya, Syr Darya, Samarkand and Surkhandarya regions of 100 collection points for milk serving only 320 makhally, 12 thousand of the population and the Dehkan farms making milk;

(b) the organization of allocation of soft credits at the rate to 250 thousand US dollars to the 865th population and Dehkan farms for creation and upgrade of the companies for milk conversion;

(c) training by foreign specialists in performance improvement of the cattle of 1,2 thousand of the population and representatives of the Dehkan farms making milk;

(d) start of the software of the National Dairy Products platform uniting producers and buyers of milk.

II. Financial resources

2. Take into consideration that:

(a) from MFSR for financing of the Project are allocated to the Republic of Uzbekistan soft credit in the amount of 30, of 0 million US dollars, and also the credit in the amount of 7, of 8 million US dollars for a period of 25 years, including five-year grace period;

(b) the total cost of the Project constitutes in equivalent 53, of 01 million US dollars, from them:

(i) soft credit of MFSR - means in the amount of 30, 0 million US dollars, the credit of MFSR - means in the amount of 7, 8 million US dollars;

(ii) contribution of participants (beneficiaries) of the Project - means in equivalent 5, 94 million US dollars;

(iii) contribution of the Republic of Uzbekistan - means in equivalent 9, 27 million US dollars, including in the form of tax, customs payments and payment of expenses on lease of office - means in equivalent 3, 69 million US dollars, in the form of finance costs during the investment period - means in equivalent 5, 58 million US dollars.

3. Approve:

(a) The key technical and economic parameters of the feasibility statement on the "Development of Chain of Value Added in the Dairy Sector of Uzbekistan (the 2nd Stage)" project according to appendix No. 1 *;

(b) The scheme of use of the credits of the International fund of agricultural development in the "Development of Chain of Value Added in the Dairy Sector of Uzbekistan (the 2nd Stage)" project according to appendix No. 2 *;

(c) forecast schedules of use and repayment of the credits of the International fund of agricultural development, payment of the commission and interest payments on them within the "Development of Chain of Value Added in the Dairy Sector of Uzbekistan (the 2nd Stage)" project according to appendices No. No. 3a and 3b *;

() "Road map" on project implementation "Development of chain of value added in the dairy sector of Uzbekistan (the 2nd stage)" according to appendix No. 4*.

4. Determine project deadline - 7 years (2025 - 2031) during which:

(a) to the financial organizations which are taking part in the Project, the loans are granted in Uzbekistan sum and US dollars;

(b) the domestic currency loans allocated to the financial organizations which are taking part within the Project are allocated at the main rate of the Central bank;

(c) the possible expenses arising because of Uzbekistan sum exchange rate fluctuation in relation to US dollar are compensated at the expense of the Government budget of the Republic of Uzbekistan.

III. Organization, providing and control of execution of the resolution

5. To committee of veterinary science and development of livestock production (further - Committee of veterinary science) to create under Committee of veterinary science the Project implementation team "Development of chain of value added in the dairy sector of Uzbekistan (the 2nd stage)" with participation of MFSR with the status of the legal entity in a month.

6. Determine that during project implementation the expense budget and the staff list of the Project implementation team annually affirm Committee of veterinary science in coordination with the Ministry of Economics and finance.

7. Confer to the Minister of Economy and Finance power to sign agreements on loaning up, if necessary to make to these agreements corresponding changes and amendments in coordination with the Ministry of Agriculture, Committee of veterinary science, and also commercial banks which are taking part in the Project.

8. Within the Project to confer responsibility on:

(a) the commercial banks of the Republic of Uzbekistan which are taking part in the Project - for timely development of the credits of MFSR and realization of subprojects;

(b) hokim of the Kashkadarya, Surkhandarya, Jizzakh, Samarkand and Syr Darya regions - for creation of the conditions necessary for effective implementation of measures within the Project;

(c) Committee of veterinary science - for timely implementation and coordination of the Project.

9. Issue to the Ministry of Justice the legal conclusion under the loan agreement signed between the Republic of Uzbekistan and MFSR, if necessary - to agreements on introduction of changes in it.

10. To anti-corruption agency to establish constant control behind ensuring openness and publicity in the course of target use of the funds allocated within the Project.

11. To the Prosecutor General's Office to exercise system control of target and effective expenditure of the funds allocated for the Project.

12. To committee of veterinary science together with the Ministry of Economics and finance, the Central bank in two weeks to approve Regulations on procedure for use of the credits of the International fund of agricultural development within the "Development of Chain of Value Added in the Dairy Sector of Uzbekistan (the 2nd Stage)" project.

13. Discussion of course of execution of this resolution, implementation of coordination of activities of the departments responsible for its execution to assign to the deputy prime minister Zh. A. Hodzhayev.

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