BAKU, Azerbaijan, Sept. 8
By Fakhri Vakilov – Trend:
Uzbekistan has lifted restrictions on export of millet, as well as flour from fruits, nuts and legumes, Trend reports with reference to the decree of the President of Uzbekistan Shavkat Mirziyoyev.
According to the document, now for the export of millet, flour and powder from dried legumes, as well as flour and powder from fruits and nuts, permission from the President or the Cabinet of Ministers is not required.
In addition, a system is being introduced for a period of one year to compensate for 50 percent of transport costs when exporting products with high added value to European countries.
At the same time, from October 1, 2021, new measures to support exporters come into force.
The Export Promotion Agency will provide one-time financial resources of up to $5 million for up to one year to businesses with an annual export volume of more than $20 million for export-related trade credit and pre-export financing through commercial banks;
An installment plan is provided for 120 days of payment of customs payments without accruing interest and demanding security for payment for them for enterprises that have exported finished textile products in the amount of more than $1 million during the last twelve months, when they import components, raw materials and materials for the main and auxiliary production.
---
Follow author on Twitter:@vakilovfaxri
