RESOLUTION OF THE PRESIDENT OF THE REPUBLIC OF UZBEKISTAN

of June 26, 2025 No. PP-207

About additional measures for support of the sphere of production of jewelry

For the purpose of further development and transformation of the jewelry industry into one of the leading industries of the republic, and also the state support of activities for production and realization of jewelry and other products from precious metals and gemstones (further - jewelry) I decide:

I. Main objectives

1. Determine main objectives of adoption of this resolution:

(a) bringing annual amount of conversion of precious metals to 7 tons, indicators of export of jewelry - to 300 million US dollars;

(b) reducing illicit trafficking in precious metals and jewelry at least for 50 percent;

(c) removal of activities for production of jewelry on the industrial level, and also support of production of jewelry with modern design, capable to compete in the international markets;

(d) implementation of the effective control system in the field of production and realization of jewelry.

II. Support of production of jewelry

2. Permit at the expense of the funds of the Government budget in the amount of 100 billion sum allocated to Fund of support of industries according to the Presidential decree of the Republic of Uzbekistan of July 23, 2024 No. UP-104, to cover also the expenses specified in appendix No. 1*.

3. Determine that since July 15, 2025:

(a) The fund reconstruction and developments along with placement on deposits of banks of the target resources provided by the Presidential decree of the Republic of Uzbekistan of July 23, 2024 No. UP-104, is allowed to allocate data funds to also leasing organizations as credit line for up to 5 years with interest rate for 3 percent points below the main rate of the Central bank.

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