2017-11-17 | ПФ-5242

Added · Updated

On Additional Measures for the Further Development of Craftsmanship and Comprehensive Support for Craftsmen

The decree establishes measures to develop national craftsmanship and support artisans, including tax exemptions for members of the 'Hunarmand' union starting December 1, 2017. It authorizes a $50 million credit line from the Recovery and Development Fund to commercial banks for providing preferential microcredits to artisans, with specific interest rates and terms defined for different periods. The document mandates the creation of regional commissions, the construction of craftsmanship development centers, and the integration of artisans into vocational education, while also granting rights for free disposal of export currency and simplified export procedures.

Central Bank of the Republic of Uzbekistan logo

Uzbekistan

Central Bank of the Republic of Uzbekistan

Click to view full text

More like this from CBU

We email you every new CBU publication the day it's published.

Topics
Share