President instructs to distribute 60 thousand hectares of land to the population
Tashkent, Uzbekistan (UzDaily.com) - In order to increase production and export volumes of fruits and vegetables, 60 thousand hectares of land will be distributed to the population, and equipment will be leased to farmers for 10 years.
Some 1 trillion soums of credit resources will be allocated, which will be provided on terms of cooperation for the production of products, equipment, working capital up to 100 million soums without collateral, up to 150 million soums - with a 50% reduction in collateral.
In addition, 10 thousand units of equipment will be leased to farmers and dekhkans for a period of 10 years with a grace period of 3 years. Customs benefits for the import and rental of motor cultivators and mini tractors will be extended for 3 years.