Uzbekistan takes additional measures to support domestic producers

Business Materials 22 August 2020 12:39 (UTC +04:00)
Uzbekistan takes additional measures to support domestic producers

BAKU, Azerbaijan, Aug. 22

By Ilkin Seyfaddini - Trend:

President of Uzbekistan Shavkat Mirziyoyev signed a decree on supporting domestic producers, Trend reports citing the presidential press service.

According to the decree, from now on, priority in government procurement will be given to domestic products.

In particular, if more than two representatives of Uzbekistan participate in the tender, only their products will be considered. In addition, domestic goods will be granted a price preference by 15 percent, and representatives of local authorities will take direct part in all purchases made at the expense of the budget, said the document.

The Government of Uzbekistan wants to increase the share of localized products in industrial production, which now makes only four percent. In this regard, the development of localization and cooperation using these opportunities has been discussed in detail at the meeting on the expansion of industrial cooperation and localization in Bektemir region chaired by President Shavkat Mirziyoyev.

It was noted that manufacture of components for the automobile industry in Uzbekistan will allow reducing currency expenses minimum by $150 million.

The issues of deepening the cooperation ties between the electrical engineering, automobile industry and agriculture sector were also discussed.


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