RESOLUTION OF THE PRESIDENT OF THE REPUBLIC OF UZBEKISTAN

of March 14, 2024 No. PP-126

About measures for further increase in role of associations of entrepreneurs in development of foreign trade and the regional industry

For the purpose of expansion of industrial and foreign trade opportunities of industries and regions, increase in role of associations of entrepreneurs by reducing intervention of the state in the field of, the effective and transparent organization of mechanisms of export and preexport financing for the subjects of entrepreneurship who are engaged in export activities:

1. Approve offers of the Cabinet of Ministers, Agency on management of the state assets and Chamber of Commerce and Industry on:

to creation of "The Company on Trade Development" Joint-stock company (further - the Company) in case of establishment of the Agency on management of the state assets based on the Agency of promotion of export and Fund of support of export and management function transfer by the state share in its authorized capital to Chamber of Commerce and Industry based on the power of attorney;

to the direction of the funds of the Government budget allocated for rendering assistance to participants of foreign economic activity (except for financings preexport and connected with export of trading activities), in the Fund of assistance to trade created under the Ministry of investments, industry and trade without formation of legal entity (further - Fund), and also transfer to the Company of the right to management of fund;

to transfer to the Agency on management of the state assets of the state share and the shares belonging to the companies with the state participation according to appendix No. 1 in the authorized capital of JSC Uzbekekspertiza with assignment on Chamber of Commerce and Industry of management function by the state share based on the power of attorney;

to determination as one of tasks of Chamber of Commerce and Industry of attracting investors in special economic, small industrial, youth industrial and entrepreneurial zones, rendering assistance to their participants.

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