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Turkmenistan cancels some customs duties for local business

Turkmenistan Materials 9 June 2016 20:38 (UTC +04:00)
Turkmenistan has cancelled a number of customs duties for the local business.
Turkmenistan cancels some customs duties for local business

Ashgabat, Turkmenistan, June 9

By Huseyn Hasanov - Trend:

Turkmenistan has cancelled a number of customs duties for the local business.

The relevant decree, signed by Turkmenistan's President Gurbanguly Berdimuhamedov, will enter into force in July 2016.

The document was signed to ensure the successful implementation of the state programs for developing the entrepreneurship, increasing the private sector's role in the national economy and ensuring the further support by state to the domestic private entrepreneurs.

The private entrepreneurs and legal entities are allowed to export the excess of domestically produced chicken eggs from Turkmenistan with permission of the country's Ministry of Trade and Foreign Economic Relations, according to the decree.

Turkmenistan's Ministry of Economy and Development, State Customs Service, State Committee for Environmental Protection and Land Resources were tasked to work out the relevant amendments to the country's legislation jointly with the Justice Ministry and submit them to the Cabinet of Ministers within a month, said the decree.

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