Volume Of Fdis In Uzbek Economy Triples - Mirziyoyev
Date
5/17/2023 3:06:54 PM
(MENAFN- Trend News Agency) BAKU, Azerbaijan, May 17. The volume of foreign
direct investments in Uzbekistan since 2017 tripled, President of
Uzbekistan Shavkat Mirziyoyev said, while addressing the
participants of the 32nd Annual Meeting of the EBRD's Board of
Governors held in Samarkand, trend reports.
"As a result of the liberalization of the foreign exchange
market, the removal of barriers to entry to foreign markets, the
abolition of customs duties on more than 7,000 types of raw
materials and goods, foreign trade turnover doubled. Along with
this, tax administration has been simplified, forming attractive
fiscal system in the country," he said.
Mirziyoyev added that, as a result of the creation of a
favorable business climate in Uzbekistan, the number of
entrepreneurs in the country as a whole has increased 4 times.
"We will improve the investment and business climate in the
country, create even more favorable conditions for investors. In
this regard, the Council of Foreign Investors under the President
of the Republic of Uzbekistan will be a decisive link in
establishing a direct dialogue with foreign investors, jointly
developing mutually beneficial projects and long-term strategies.
Undoubtedly, this dialogue platform, organized together with the
European Bank for Reconstruction and Development, will give us new
experience, create new opportunities, promote new approaches to our
reforms," the president said.
The volume of foreign investments in the economy of Uzbekistan
has reached $10 billion in a year.
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