...

Uzbekistan reforms management system in cotton industry

Business Materials 29 November 2017 11:06 (UTC +04:00)

Baku, Azerbaijan, Nov. 29

By Nigar Guliyeva - Trend:

President of Uzbekistan Shavkat Mirziyoyev signed a decree "On measures for cardinal improvement of the cotton industry management system".

The document notes the problems that hamper the development of the cotton industry, including insufficient introduction of modern technologies, low level of production diversification, ineffective system of industry management and others.

Under the document, there was created a single organization responsible for the cotton industry - Uzpahtasanoat - on the basis of the association of Uzpahtasanoat and Uzpahtaexport, and the holding company Uzpahtasanoatexport liquidated.

JSC "Uzpahtasanoat" received property of the reorganized companies, including their state shares, rights and obligations. The number of enterprises included in the structure of "Uzpahtasanoat" have been optimized.

Another change was the transfer of the Cotton Fiber Certification Center "Sifat" under the Cabinet of Ministers to the "Uzstandard" Agency. Up to now, the Sifat Center with more than 1,200 workers and Uzstandart with 1,500 employees performed similar work independently, without organizational subordination.

To strengthen financial discipline in the cotton industry, the Main Department of State Financial Control of the Ministry of Finance was tasked to monitor the reliability of accounting and reporting at ginneries.

Tags:
Latest

Latest