A draft presidential resolution on the development of the textile and garment and knitwear industry published for discussion
Tashkent, Uzbekistan (UzDaily.com) -- A draft presidential resolution on the development of the textile and garment and knitwear industry and support for the export of high value-added products was published on the portal regulation.gov.uz.
The draft resolution was developed by the Uztextileprom Association. The users can read more about the document, submit suggestions and comments to it until 25 July.
The rapidly changing conjuncture of world markets against the background of increasing competition, increasing consumer demands, and the need to increase demand for Uzbek textiles in foreign markets require the development of additional measures to create textiles with a complete cycle in the country, including the localization of textile, canvas and textile production, accessories and accessories.
The document was drafted in order to ensure the dynamic and sustainable development of the textile and garment and knitwear industry, diversify and expand production of competitive, primarily, foreign markets for finished products by deep processing of local (cotton and non-cotton) raw materials, with the involvement of potential foreign investors, and also support the export of finished textile and knitwear products with high added value.
It is proposed to identify additional areas of development of the textile and garment and knitwear industry:
-production of high-quality, including branded products and their promotion, ensuring the maximum reduction in imports of similar products.
-the use of modern energy and resource-saving technologies, the use of artificial, synthetic and other raw materials in production, ensuring that the requirements for quality and price of a wide range of consumers, including foreign ones, are met;
-expansion of the range and range, as well as diversification of the production of finished products with high added value;
-the establishment and strengthening of international cooperation for the development of foreign markets on mutually beneficial conditions with the maximum use of potential benefits and preferences in the world market.
To protect the domestic market from low-quality and counterfeit products, the project proposes to introduce, starting from 1 January 2020, it is planned to introduce mandatory certification using the appropriate labeling of all finished garment and knit goods (codes TN VED 61–63) imported into the Republic of Uzbekistan by legal entities and individuals.
These changes are proposed by the National Agency for Project Management under the President of the Republic of Uzbekistan, the State Tax Committee and the State Customs Committee of the Republic of Uzbekistan.
In the event of approval of the document, the State Customs Committee of the Republic of Uzbekistan is charged with taking effective measures to prevent the release into free circulation in the Republic of Uzbekistan of ready-made garments and knitwear that do not have a certificate of conformity issued on the basis of its evaluation (testing) procedures.
It is proposed to establish the order in accordance with which, the sale of cotton fiber yields of 2018-2020 to domestic textile enterprises in the exchange trading for the national currency will be based on a 35 percent advance payment, with final settlements within 90 days. At the same time, 90 days for final payments for cotton fiber by domestic textile enterprises are calculated from the date of shipment of cotton fiber.
In 2019-2025, 119 investment projects are expected to be implemented for the production of finished export-oriented textile and garment and knitwear products with high value added worth a total of US$927.56 million.