PRESIDENTIAL DECREE OF THE REPUBLIC OF UZBEKISTAN

of May 25, 2017 No. UP-5057

About measures for further stimulation of export and providing competitiveness of domestic goods in the foreign markets

For the purpose of stimulation of further expansion of the export potential of industries of economy and the territories of the republic, creating favorable conditions for increase by the manufacturing companies, first of all subjects of small business and private entrepreneurship, export volumes of own products, diversification of geography of export deliveries, and also increase in product competitiveness of the domestic export organizations in the foreign markets:

1. Grant the right to business entities since June 1, 2017:

a) perform self-produced commodity export, except for fresh fruit and vegetable products, grapes, melon cultures, and also primary goods specified in appendix No. 2 to the Presidential decree of the Republic of Uzbekistan of October 10, 1997 No. UP-1871 "About Additional Measures for Commodity Export Stimulation (Works, Services)" for foreign currency without advance payment, opening of the letter of credit, registration of guarantee of bank and availability of the policy on insurance of the export contract upon policy and commercial risks in case of observance of the following conditions:

contract value shall not exceed 100 thousand dollars of the USA in equivalent;

obligatory receipt of currency earnings shall be provided within 90 days from the date of the actual commodity export.

Determine that self-produced subsequent commodity export can be performed in accordance with the terms of this subitem only in case of absence at the export organization of receivables for the export deliveries which are earlier performed on the conditions specified in this subitem;

b) perform export of the objects and products provided in appendix No. 4 to the Presidential decree of the Republic of Uzbekistan of October 10, 1997 No. UP-1871 "About Additional Measures for Commodity Export Stimulation (Works, Services)" based on decisions of the President of the Republic of Uzbekistan or the Government of the Republic of Uzbekistan.

2. Exclude jewelry from the list of specific goods which export import is performed according to the licenses granted based on decisions of the Cabinet of Ministers of the Republic of Uzbekistan.

3. Make changes and addition to some presidential decrees of the Republic of Uzbekistan according to appendix.

4. To the Ministry of Foreign Trade together with the Ministry of Justice of the Republic of Uzbekistan and other interested ministries and departments to make in the Cabinet of Ministers of the Republic of Uzbekistan offers on the changes and amendments in the legislation following from this Decree in a month.

5. To impose control of execution of this Decree on the Prime Minister of the Republic of Uzbekistan A. N. Aripov.

Appendix

to the Presidential decree of the Republic of Uzbekistan of May 25, 2017 No. UP-5057

The changes and amendment brought in some Presidential decrees of the Republic of Uzbekistan

1. In the Presidential decree of the Republic of Uzbekistan of October 10, 1997 No. UP-1871 "About Additional Measures for Commodity Export Stimulation (Works, Services)":

a) add with Item of 21 following contents:

"21. Grant the right to business entities since June 1, 2017:

perform self-produced commodity export, except for fresh fruit and vegetable products, grapes, melon cultures, and also primary goods specified in appendix No. 2 to this Decree for foreign currency without advance payment, opening of the letter of credit, registration of guarantee of bank and availability of the policy on insurance of the export contract upon policy and commercial risks in case of observance of the following conditions:

contract value shall not exceed 100 thousand dollars of the USA in equivalent;

obligatory receipt of currency earnings shall be provided within 90 days from the date of the actual commodity export.

Determine that self-produced subsequent commodity export can be performed in accordance with the terms of this Item only in case of absence at the export organization of receivables for the export deliveries which are earlier performed on the conditions specified in this Item";

in item 4 of the word "Items 2 and 3" shall be replaced with words "Item 2";

b) state Item 6 in the following edition:

"6. Approve lists:

objects and products which export is performed based on decisions of the President of the Republic of Uzbekistan or the Government of the Republic of Uzbekistan, according to appendix No. 4;

the objects prohibited to import (import) to the Republic of Uzbekistan according to appendix No. 5";

c) to state the text of appendix No. 1 in the following edition:

"The list of specific goods which export import is performed according to the licenses granted based on decisions of the Cabinet of Ministers of the Republic of Uzbekistan

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