Minimum price for alcohol to be increased in Uzbekistan starting January 1
Uzbekistan, Tashkent, Dec.17 / Trend D.Azizov /
Starting from January 1, 2013 the minimum wholesale selling and retail prices of alcoholic beverages (excluding beer) are to be increased in Uzbekistan in accordance with a joint resolution of the Ministry of Finance and the State Tax Committee of the Republic issued on Monday.
According to the document, the minimum wholesale selling price of cognac, vodka and other alcoholic beverages is increased by 25 percent - from five to 6.25 thousand soums and retail price is increased by 24.6 percent - from 6.1 to 7.6 thousand soums per liter .
Wholesale prices for wine will also be increased by 25 percent - from 2.2 to 2.75 thousand soums and retail prices are to be increased by 24.1 percent - from 2.7 to 3.35 thousand soums.
For the first time minimum prices for alcohol (excluding beer) have been introduced in Uzbekistan in January 2010.
According to the established order in Uzbekistan, sale of alcoholic beverages at prices below the statutory minimum wholesale prices are not allowed. The manufacturer of alcoholic beverages found to be selling its products at a price below the established for the first time, will have to pay a fine of 20 percent of sales, but not lower than 200-minimum size of salary.
Repeated violation within a year will result in a fine being increased to 50% of sales, but not lower than 300-minimum size of salary.
The minimum wage in Uzbekistan for now is 72.355 thousand soums.
According to official statistics, the production of vodka and other alcoholic beverages in Uzbekistan increased by 6.7 percent in January-September 2012 - up to 8.949 million dal, production of cognac - by 31.3 percent, up to 74.6 thousand dal, prodcution of wine - by 24.5 percent, up to 1.686 million dal, production of champagne - by 39.7 percent, up to 57.5 thousand dal.
The official exchange rate for December 17 - 1976.44 soum / $ 1./