RESOLUTION OF THE PRESIDENT OF THE REPUBLIC OF UZBEKISTAN

of November 3, 2017 No. PP-3351

About measures for further liberalization of foreign trade activity and support of subjects of entrepreneurship

For the purpose of further liberalization of foreign trade activity, growth in volumes and expansion of the range of delivery to export of products demanded in the foreign markets, increase in competitiveness and financial stability of subjects of entrepreneurship:

1. Enter procedure according to which:

b) subjects of entrepreneurship (except the organizations from shares of the state in the authorized capital more than 50 percent, except for Uzsanoateksport Joint-stock company) are granted the right to perform commodity export, works and services, except for fresh fruit and vegetable products and goods specified in appendix to this resolution (further - primary goods), for foreign currency without advance payment, opening of the letter of credit, registration of guarantee of bank and availability of the policy on insurance of the export contract upon policy and commercial risks.

The customs clearance of the exported goods, except for the primary goods specified in appendix * to this resolution, and also the goods exported based on invoice is performed without the certificate of calculations in the Single electronic information system of the foreign trade transactions (further - EEISVO).

Determine that commodity export, works and services can be performed in accordance with the terms of this subitem only in case of absence at the subject of entrepreneurship of overdue receivables on earlier performed export transactions. At the same time behind the exporter the right to perform commodity export, works and services on the terms of advance payment, opening of the letter of credit, and also in the presence of guarantee of banks of the buyer or the policy of assurance of export contracts of policy and commercial risks remains.

Responsibility for formation of overdue receivables on the foreign trade transactions is born directly by subjects of entrepreneurship;

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