Besides, Uzbekistan will introduce VAT instant return mechanism that will follow after export customs clearance. Uzbek leader instructed to enlarge finished production within the five years by 4-5 times, develop foreign masters through improving product competitiveness. At the meeting instructions were given on the organizing of large export enterprises with the participation of foreign companies, the production of popular products under well-known brands.
Namangan, Samarkand and Tashkent regions will host new enterprises on exporting manufactured goods. 300 million dollars will be allocated for these purposes within «Reconstruction and Development» Funds, credit line.
Ministry of Investments and Foreign Trade and «Uztukimachiliksanoat» Association are responsible for obtaining GSP+ beneficiary status for duty-free trading in the European Union market. President also touched on urgency of BSI certification with the assistance of the International Finance Corporation.