Friday, 16 April 2021 12:07 GMT

Forecast indicator of Uzbekistan's exports for 2018 announced


(MENAFN - Trend News Agency ) Tashkent, Uzbekistan, Dec. 26

By Diana Aliyeva – Trend:

Total financial indicator of Uzbekistan's exports is expected to stand at $12.1 billion in 2018.

The volume of exports increased by almost 15 percent in 2017, as compared to 2016.

This was announced during a video conference chaired by the country's President Shavkat Mirziyoyev, dedicated to the issues of increasing the export potential.

According to the Uzbek president's press service, it was noted during the meeting that over the past year, a number of decrees were adopted to support export activities of entrepreneurs that canceled the exports of products on the basis of prepayment, mandatory sale of foreign exchange earnings, issuance of unnecessary permits, and expanded the use of tax incentives for participants of export activities.

The priority tasks on expansion of exports were again touched upon during the conference. It is necessary to ensure the timely and quality implementation of 'road maps' on fulfillment of agreements, reached during the high-level visits to Central Asian countries, as well as to China, Russia, South Korea, the United States, Turkey and other countries.

President Mirziyoyev gave specific instructions to officials to increase the country's export potential, expand geography and the range of exports, support exporting enterprises, and attract new entrepreneurs to export activities.

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