Six Russian companies can receive Uzbek vegetables without advance payments
17/08/2017 13:51
Six Russian companies can receive Uzbek vegetables without advance payments
17/08/2017 13:51
Tashkent, Uzbekistan (UzDaily.com) -- The Government of Uzbekistan issued a resolution “On approval of the list of leading foreign importing organizations, to which Uzagroexport can export fruit and vegetable products without advanced payments” on 10 August 2017.
The document approved a list of leading foreign importing organizations, to which specialized export company Uzagroexport can export fruits and vegetables without preliminary payment, opening a letter of credit, or issuing a guarantee of the first-class foreign bank.
This list includes six Russian companies - Tander (retail network Magnit), Arviai (X5 Retail Group NV), Port (Holiday Group of Companies), Retail K-1 (a network of stores Maria-Ra), and Chelny-Bread (network of shops Chelny-Bread).
According to the resolution, Uzbekoziqovqatholding can make proposals to introduce changes to the list.
However, new companies should comply to some criteria to be included to the list. In particular, they should be working in the field of trade of fruits and vegetables for last three years and their turnover should be US$1 million for last fiscal year. The companies should also have at least 20 trade outlets and (or) wholesale distribution center.
Uzagroexport can export fruits and vegetables under direct export contracts and commission agreements, signed with farmers, agrofirms and processing processing enterprises.
The document said that the contracts can be concluded with affiliated companies of foreign trade networks, specializing in purchase of fruit and vegetable products on the basis of a written request from the management company.
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