First slide Second slide Third slide Fourth slide Fifth slide Sixth slide Seventh slide Eighth slide
Home Mission Cooperation with International Organisations News and events About Uzbekistan Photo gallery

UZBEKISTAN REDUCES CUSTOMS DUTIES ON A NUMBER OF TYPES OF RAW MATERIALS

2017 - Year of dialogue with people and human interests 2017 - Year of dialogue with people and human interests Presidential elections - 2016 Presidential elections - 2016 26 years of Independence of the Republic of Uzbekistan 26 years of Independence of the Republic of Uzbekistan Other news and events Other news and events Press-releases Press-releases Chairmanship of Uzbekistan in the Council of FM of the OIC Chairmanship of Uzbekistan in the Council of FM of the OIC Millenium development goals Millenium development goals Cooperation within frameworks of ILO Cooperation within frameworks of ILO International Music Festival "Sharq Taronalari" International Music Festival "Sharq Taronalari" The Strategy of Actions on Further Development The Strategy of Actions on Further Development International Uzbek Cotton Fair International Uzbek Cotton Fair Tourism Tourism International Industrial Fair and Cooperation Exchange International Industrial Fair and Cooperation Exchange December 8 - Constitution Day of the Republic of Uzbekistan December 8 - Constitution Day of the Republic of Uzbekistan Digests of Press of Uzbekistan Digests of Press of Uzbekistan
show all useful links
UZBEKISTAN REDUCES CUSTOMS DUTIES ON A NUMBER OF TYPES OF RAW MATERIALS

On 4 September 2017, the President of the Republic of Uzbekistan adopted a Decision №ПП-3254 "On measures on further streamlining foreign economic activity of the Republic of Uzbekistan".

The document was adopted in order to further encourage the production of import-substituting and export-oriented finished products, enhance its competitiveness, create favorable conditions for providing domestic producers with imported raw materials, as well as meet consumer demand.

Starting September 10, 2017, customs duty on polymers in primary forms, rubber, vegetable textile fibres, some ferrous metals, chemical products are set to be established at zero rates. Customs duties are to be reduced for liquids for storing contact lenses, video recorders and video equipment.

The reduction of customs duties on raw materials for the production of finished products will be a strong incentive for domestic producers, thereby lowering production costs and increasing its competitiveness, it will limit the prerequisites for price growth in the domestic consumer market.

uzreport.news