Measures to ensure forecasts of investment and foreign trade and reduce the impact of the coronavirus pandemic on the economy of Uzbekistan discussed
Tashkent, Uzbekistan (UzDaily.com) -- On 3 April, under the leadership of the Deputy Prime Minister and Minister of Investments and Foreign Trade of the Republic of Uzbekistan Sardor Umurzakov, a video conference was held to discuss measures aimed at unconditional implementation of the established parameters of investment and export activities and minimizing the impact of the negative consequences of the coronavirus pandemic on the economy and investment climate of the Republic.
Also in touch were the heads of the Ministry of Investment and Foreign Trade, the Ministry of Foreign Affairs, the Ministry of Transport, the State Customs Committee, the heads of diplomatic missions of Uzbekistan abroad, local authorities of the regions, the city of Tashkent and the Republic of Karakalpakstan.
During the videoconference, the participants discussed the problems that entrepreneurs face in the current conditions, namely, the risks arising from the epidemiological situation of non-fulfillment of export contracts and delays in the implementation of investment projects. The presence of these difficulties was identified by the majority of entrepreneurs during the work of the Republican Commission on the development of export potential of regions and industries in Khorezm, Ferghana, Andijan, Namangan and Surkhandarya regions.
It was noted that for their solution it is necessary to ensure the synchronization of the work of embassies, relevant ministries and local authorities through the introduction of a fundamentally new, non-standard format of interagency cooperation. In view of the current global epidemiological situation, the importance of increasing the involvement of the Ministry of Foreign Affairs as a key body responsible for international cooperation, as well as diplomatic missions of Uzbekistan abroad, was emphasized.
Specific areas were identified in which it is necessary to concentrate the efforts of the responsible authorities: solving the problems of entrepreneurs associated with restrictions in the transport and logistics sphere, sending raw materials and foreign specialists to Uzbekistan in order to ensure timely implementation of investment projects, repatriating compatriots, intensifying interaction with governments of partners, international organizations and international financial institutions in the field of financial, technical and grant cooperation, as well as the study of investment and trade-economic issues with partner countries in preparation for top-level visits.
The heads of diplomatic missions were also instructed to update the Roadmaps to ensure the implementation of the agreements reached as part of visits at the highest and highest levels, taking into account the current situation with the distribution of COVID-19 and to ensure their constant monitoring, and ministries and departments to continue to work closely with regions to address the emerging problems of entrepreneurs and exporters.