RESOLUTION OF THE CABINET OF MINISTERS OF THE REPUBLIC OF UZBEKISTAN

of December 31, 2008 No. 289

About additional measures for debt restructuring of the export companies

For the purpose of ensuring execution of Item 1.9 of the Program of measures for support of the companies of key branches of real production sector, to ensuring their stable work and increase in the export potential approved by the Presidential decree of the Republic of Uzbekistan of November 28, 2008 N UP-4058, and also for operational consideration and introduction in accordance with the established procedure of reasonable offers on restructuring of accounts payable of the export companies the Cabinet of Ministers decides:

1. Approve:

structure of subgroup of the Working group on monitoring and control of the course of program implementation of measures for support of the companies of key branches of real production sector, to ensuring their stable work and increase in the export potential created by the Presidential decree of the Republic of Uzbekistan of November 28, 2008 N UP-4058, on preparation of the offers directed to debt restructuring of the export companies and write-off of penalty fee on payments in the budget and the state trust funds for electrical supply, natural gas and rendering utilities as of January 1, 2009 (further - subgroup), according to the appendix N 1;

Provisional regulations for procedure for preparation of offers on debt restructuring of the export companies and write-off of penalty fee on payments in the budget and the state trust funds, for electrical supply, natural gas and rendering utilities according to the appendix N 2.

2. To provide to the interested bodies of the public and economic board, Council of Ministers of the Republic of Karakalpakstan, khokimiyats of areas and Tashkent high-quality preparation of the corresponding document packages and reasons on the export companies also representation to their subgroup till February 15, 2009 is strict according to the legislation.

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