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ORDER OF THE STATE TAX COMMITTEE OF THE REPUBLIC OF UZBEKISTAN OF THE HEAD CUSTOMS AUTHORITY

of August 19, 1996 No. 155

About measures for reducing export-import transactions on barter basis

According to the resolution of the Cabinet of Ministers of the Republic of Uzbekistan N280 of 13.08.96. "About measures for reducing export-import transactions on barter basis" and for the purpose of ensuring efficient control of rational use of highly liquid export resources I ORDER:

1. The resolution of the Cabinet of Ministers of the Republic of Uzbekistan N 280 of 13.08.96. "About measures for reducing export-import transactions on barter basis" to accept to management and execution.

2. Take into consideration that is established by this Resolution:

- prohibit since 15.08.96 implementation of export transactions on barter basis of highly liquid goods according to appendix to the Resolution;

- determine that commodity export, specified in appendix, on clearing basis can be performed to CIS and Baltic countries only within Intergovernmental Agreements according to decisions of the Cabinet of Ministers of the Republic of Uzbekistan;

- determine that barter contracts on commodity export not logged into application, can consist according to decisions of Council of Ministers of the Republic of Karakalpakstan, khokimiyats of areas and Tashkent, according to the procedure of exception with business entities of CIS and Baltic countries only suppliers (in cases of export of fruit and vegetable products) or producers of the exported goods in exchange for industrial goods;

- in case of the conclusion of contracts on barter basis the advancing delivery of import goods or provision of counter bank guarantees under the export goods, and also sales delivered from the republic in accordance with the established procedure of part of currency means to the Central bank of the Republic of Uzbekistan is without fail provided in them;

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