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Economy 22/01/2013 Fund for Support and Encouragement of Exports to be created in Uzbekistan
Fund for Support and Encouragement of Exports to be created in Uzbekistan
Tashkent, Uzbekistan (UzDaily.com) -- The Government of Uzbekistan is planning to create Fund for Support and Encouragement of Exports.

The Government of Uzbekistan adopted decision "On the results of socio-economic development of Uzbekistan in 2012 and main priorities of economic program for 2013".

In line with the decision, the presidential decree on supporting and funding of exporters and creation of the Fund for Support and Encouragement of Exports should be developed in a month term.

The decree will be developed by Cabinet of Ministers in cooperation with Ministry of Economy, Ministry of Finance, Ministry of Foreign Economic Relations Investment and Trade, and other interested bodies.

The volume of exports grew by 11.6% in 2012 and foreign trade surplus reached US$1.12 billion. The share of non-raw ready goods in the structure of exports constituted more than 70%.

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