2017-11-03 | ПҚ-3351

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On Further Liberalization of Foreign Trade Activities and Support for Business Entities

The resolution establishes a system allowing business entities (excluding those with over 50% state ownership) to export goods, works, and services in foreign currency without advance payment, letters of credit, bank guarantees, or political risk insurance, subject to the exclusion of specified raw materials. It mandates that customs clearance be processed via the Single Electronic Information System for Foreign Trade Operations (TSOYEA) without settlement statements for most goods, while requiring exporters to have no overdue debtor debt unless they hold a stability rating of 'BB' or higher. Additionally, it simplifies import procedures by waiving mandatory export customs declarations for goods entering under tax exemptions and removes the requirement for permits to re-export goods under the 'temporary import' regime.

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On Further Liberalization of Foreign Trade Activities and Support for Business Entities

To further liberalize foreign trade activities, increase the volume and types of exports of products with high demand in foreign markets, enhance the competitiveness and financial stability of business entities:

  1. Establish such a procedure according to which:

    b) Business entities (except organizations where the state share in authorized capital is more than 50 percent, with the exception of "Uzsanoateksport" Joint Stock Company) are granted the right to export goods, works, and services in foreign currency without advance payment, opened letter of credit, official bank guarantee, and without an insurance policy for political and commercial risks of the export contract, with the exception of the goods specified in the Appendix to this Resolution (hereinafter referred to as raw material goods);

    Customs clearance of exported goods is carried out without a statement of settlements in the Single Electronic Information System for Foreign Trade Operations (hereinafter — TSOYEA), with the exception of raw material goods specified in the Appendix to this Resolution, as well as goods exported based on invoices;

    It is established that the export of goods, works, and services can only be carried out if there is no overdue debtor debt of the business entity from previously carried out export operations (with the exception of business entities having a stability rating indicator of "BB" and above). In this case, exporters retain the right to export provided that there is advance payment, opened letter of credit, as well as a guarantee of purchasing banks or an insurance policy for political and commercial risks of the export contract.

    Business entities themselves are responsible for the formation of overdue debtor debt on foreign trade operations;

    c) With respect to importers (except organizations where the state share in authorized capital is more than 50 percent), liability measures envisaged for exporters who allowed overdue debtor debt on export operations are applied due to the formation of overdue debtor debt on import operations;

    d) In case of force majeure circumstances, the reduction of income in foreign currency is extended for the period of action of force majeure certified by the competent authority of the state in which this circumstance occurred;

    e) When the amount of insurance coverage (in national and/or foreign currencies) under the insurance policy of the export contract enters the exporter's account for goods, works, and services, the amount of debtor debt under this export contract is reduced to the amount of insurance coverage for the purpose of applying financial sanctions;

    f) The requirement for importers to submit an export customs cargo declaration mandatorily to confirm the customs value of goods imported into the customs territory of the Republic of Uzbekistan when preferential customs duties are applied is abolished;

    g) The requirement for permission by the State Customs Service bodies to re-export goods under the "temporary import" customs regime is abolished.

  2. Starting from December 1, 2017, grant business entities the right to export goods (except special goods), works, and services without concluding an export contract, based on invoices, after 50 percent of advance payment has entered the accounts of exporters in banks of the Republic of Uzbekistan, and upon condition of entering data into the TSOYEA system.

    Specific requirements for the export of fresh fruits and vegetables, grapes, melons, legumes, as well as dried vegetables and fruits are established in accordance with legislation.

    Allow not to count tax obligations on the amount of creditor debt being written off when business entities decide to write off creditor debt arising from foreign trade contracts by their governing bodies before September 5, 2017.

  3. The Ministry of Foreign Trade and the Ministry of Foreign Affairs of the Republic of Uzbekistan:

    • ensure constant deep marketing research on the current and prospective conjuncture of foreign markets for main types of exported goods;
    • ensure identification of new potential opportunities to expand the range of products exported by business entities.
  4. Starting from January 1, 2018, assign tasks for technical support and use of the TSOYEA system to the Ministry of Information Technologies and Communications of the Republic of Uzbekistan.

    The State Customs Committee, the Central Bank, and the Ministry of Information Technologies and Communications of the Republic of Uzbekistan shall ensure the adoption and provision of the TSOYEA system, its technical documentation, and primary codes of software tools used in data processing by January 1, 2018.

    The Ministry of Information Technologies and Communications of the Republic of Uzbekistan shall form a working group consisting of representatives of interested ministries and departments to improve the operation of the TSOYEA system, assigning it the task of simplifying the procedure for entering data into the TSOYEA system by exporters and importers by July 1, 2018.

    4¹. The State Customs Committee shall organize information cooperation with the Central Bank of the Republic of Uzbekistan regarding the exchange of information on customs declarations of passengers and amounts of cash foreign currency imported in excess of established norms by December 1, 2019.

  5. The Ministry of Health, the Agency for Plant Quarantine and Protection, the State Committee for Veterinary and Livestock Development, the State Committee for Ecology and Environmental Protection, the "Uzstandart" Agency, and "Uzbekekspertiza" Joint Stock Company shall ensure timely and full entry of information about certificates and permission documents issued into the "Single Window" unified customs information system to accelerate export-import operations and increase the efficiency of using information and communication technologies during customs clearance of goods.

  6. The Ministry of Foreign Trade of the Republic of Uzbekistan, together with the State Customs Committee, Central Bank, State Tax Committee, and other interested ministries and departments:

    • submit within one month to the Cabinet of Ministers of the Republic of Uzbekistan a draft normative legal document providing for simplification of the procedure for exporting goods (products) intended for demonstration events;
    • submit within two months proposals to the Cabinet of Ministers of the Republic of Uzbekistan on amendments and additions to legislative acts based on this Resolution;
    • ensure continuous monitoring of the effectiveness of norms introduced by this Resolution and, if necessary, submit proposals for further improvement of legislative acts.
  7. Control over the execution of this Resolution is assigned to Deputy Prime Minister of the Republic of Uzbekistan J.A. Kuchkarov and Deputy Prime Minister of the Republic of Uzbekistan — Chairman of the Board of "Uzagrotechsanoatholding" JSC N.S. Otajonov, Minister of Foreign Trade of the Republic of Uzbekistan E.M. Ganiev, Chairman of the State Tax Committee B.R. Parpiyev, and Chairman of the State Customs Committee M.V. Tohirov.

President of the Republic of Uzbekistan Sh. MIRZIYOYEV

Tashkent, November 3, 2017 Resolution No. PQ-3351


APPENDIX to the Resolution of the President of the Republic of Uzbekistan dated November 3, 2017 No. PQ-3351

LIST of goods for which privileges are not applied for export in foreign currency without advance payment, without opening a letter of credit, without formalizing a bank guarantee, and without an insurance policy for political and commercial risks of the export contract

No.Name of GoodsCode according to TN VED
1.Cotton lint1404 20 000 0
2.Crude oil, gas condensate, petroleum products2709 00, 2710 (except 2710 12 410 0-2710 12 590 0, 19 290 0, 2710 19 820 0, 2710 19 840 0, 2710 19 880 0)
3.Natural gas2711 21 000 0
4.Electric energy2716 00 000 0
5.Cotton fiber5201 00, 5203 00 000 0
6.Yarn5205, 5206
7.Precious metals7106, 7108, 7110, 7112
8.Ferrous metals, ferrous metal rolled products, ferrous metal scraps and waste7201 — 7213 (except 721310 000 0, 91 490 0), 7214 (except 7214 20 000 0, 91 100 0, 7214 99 100 0, 7214 99 310 0, 7214 99 390 0, 7214 99 500 0). 7215, 7216 (except 7216 10 000 0, 7216 21 000 0, 7216 22 000 0, 7216 50 100 0), 7217, 7229
9.Non-ferrous metals, non-ferrous metal rolled products, non-ferrous metal scraps and wasteGroup 74 (except 7403 11 000 0, 7403 12 000 0, 7403 13 000 0, 7403 19 000 0, 7411, 7412), 7501 — 7504 00 000, 7601 — 7603 (except 7601 20 910 0, 7601 20 990 0), 7801 -7802 00 000 0 (except 7801 10 000 0), 7804 20 000 0, 7902 00 000 0 — 7903, 8001 — 8002 00 000 0, 8101 97 000 0, 8102 97 000 0, 8103 20 000 0, 8103 30 000 0, 8104 11 000 0 — 8104 30 000 0, 8105 20 000 1 — 8105 30 000 0, 8106 00 100 0, 8107 20 000 0 — 8107 30 000 0, 8108 20 000 — 8108 30 000 0, 8109 20 000 0 — 8109 30 000 0, 8110 10 000 0 — 8110 20 000 0, 8111 00 110 0 — 8111 00 190 0, 8112 12 000 0 — 8112 13 0000, 8112 21 — 8112 22 000 0, 8112 51 000 0 — 8112 52 000 0, 8112 92

(Appendix amended by the Resolution of the President of the Republic of Uzbekistan dated February 6, 2025 No. PQ-42)

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