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Uzbekistan’s cities become members of International network of silk producing cities

Business Materials 25 November 2019 18:11
Uzbekistan’s cities become members of International network of silk producing cities

BAKU, Azerbaijan, Nov. 25

By Fakhri Vakilov - Trend:

Uzbekistan’s cities of Samarkand and Bukhara became parties to the Declaration on the creation of an international network of silk producing cities, which was signed in Lyon (France) at the second international Silk in Lyon festival, Trend reports citing Uzbekistan’s Foreign Ministry.

The festival, which brought together delegates from different cities of the world, representatives of business, cultural and humanitarian, as well as political circles, was attended by Uzbekistan’s Ambassador to France Sardor Rustambaev.

Following the results of Silk in Lyon, a Declaration was signed on the creation of an International network of silk producing cities. Uzbekistan was represented by Samarkand and Bukhara. The list also includes Lyon (France), Valencia and Barcelona (Spain), Como (Italy), Londrina and Curitiba (Brazil), Kyoto and Yokahama (Japan), Hangzhou and Nanchun (China), Tbilisi and Batumi (Georgia).

At the initiative of the Uzbek delegation, the next meeting of the Silky cities International Association will be held in May 2020 in Samarkand, reads the message.

In accordance with Uzbekistan’s President Shavkat Mirziyoyev’s decree "On additional measures for the development of deep processing in the silk industry", Uzbekistan’s silk-manufacturing enterprises will receive subsidies from the state until August 1, 2022.

Subsidies will be issued to compensate up to 50 percent of the cost of transporting 8 types of products by air and rail to the United States, the European Union and Turkey at the expense of the State budget.

Moreover, the cost of grains of the silkworm and other material and technical resources necessary for the production of cocoons, which are delivered by the enterprises of "Uzpaksanoat", will not be considered a turnover of the sale of goods.

Silk enterprises are given preferential prices for the purchase of transport, the supply of fertilizers and seeds.

Since the beginning of 2020, 50 percent of the fines imposed for illegal cutting of plantings have been sent to plant new mulberry seedlings on the territory of the violation.

Tax privileges established by legislation for legal entities with an export share of more than 15 percent from the sale of goods also apply to products made from raw silk and silk wool until January 1, 2021.

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