Regulatory Alerts1994-04-20 | ПФ-837Added
Measures to Ensure Currency Control for Export-Import Operations
The decree prohibits Uzbek enterprises from settling export-import transactions with foreign partners via accounts in foreign banks and bans the resale of export quotas. It mandates that all foreign currency earnings be transferred to accounts at commercial banks within Uzbekistan and requires registration of contracts involving licensed goods with the Ministry of Foreign Economic Relations. The Central Bank, Audit Chamber, Ministry of Finance, State Tax Committee, and State Customs Committee are assigned oversight duties, while commercial banks are held liable for accurate data entry into the Unified Electronic Information System of Foreign Trade Operations (TSOYEAAT) and for compensating damages caused by their misconduct.
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