Uzbekistan to set state duty for industrial hemp cultivation

Business Materials 4 August 2020 15:34 (UTC +04:00)
Uzbekistan to set state duty for industrial hemp cultivation

BAKU, Azerbaijan, Aug. 4

By Ilkin Seyfaddini - Trend:

The Uzbek Ministry of Agriculture developed and put up for discussion a draft decree that contains state duty rates for issuing licenses on industrial hemp cultivation, Trend reports with reference to National Database of Legislation of Uzbekistan.

According to the draft, to receive the license on cultivation, legal entity should pay 233,000 soum ($22.6) for each hectare.

Duties for other purposes (import of industrial hemp, processing, storage, transportation, destruction and so on) are proposed at the rate of 46.6 million soum ($4,480).

Uzbekistan has allowed the circulation of industrial hemp for industrial purposes since March 17, 2020.

Legal entities in Uzbekistan will be able to engage in cultivation, import and export, processing, storage and transportation of industrial hemp with tetrahydrocannabinol content up to 0.2 percent, which is suitable only for industrial purposes.

Industrial hemp is one of the most profitable agricultural crops, which consumes five times less water than cotton and is an almost waste-free and ecological raw material. It can be used to produce a lot of products such as yarns, fabrics, cellulose, non-woven material, food/feed, cosmetics, pharmaceuticals and construction materials.


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