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Global prices for basic commodities will remain low this year

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Global prices for basic commodities will remain low this year

Issues of eliminating shortcomings in increasing exports, enhancing this activity were discussed at the meeting, which was held on February 6 under the chairmanship of President Shavkat Mirziyoyev.

It was noted that in 2018, regional exports forecast was not fulfilled, especially indicators in Kashkadarya, Surkhandarya, Samarkand, Jizzakh, Namangan regions and the city of Tashkent are unsatisfactory.

The fact that indicators of regional exports of fruits and vegetables were much lower than predicted, and corresponding plan was not implemented in any region was criticized.

Of course, exports also depend on global conjuncture. Foreign experts predict that global prices for basic commodities will remain low this year. In this regard, export forecast for 2019 is set at 30 percent more than 2018.

The Head of the state noted the need for implementing export forecast based on accurate calculations and proposed to introduce a new system in this sphere.

So, first of all, activities of the Republican export headquarters will be radically improved. Representatives of headquarters will be assigned to the Republic of Karakalpakstan and regions.

Deputies and advisors to the Prime Minister will be also personally responsible for implementation of exports forecast within their assigned ministries, agencies and business associations.

The Republican export headquarters, Deputy Prime Minister and Ministry for Investments and Foreign Trade will develop ten-day export schedules on industries and regions, take measures on ensuring unconditional execution of export contracts and signing additional agreements.

UzA