Exporters of textile products to European countries are compensated for 70% of transportation costs

Tashkent, Uzbekistan (UzDaily.uz) -- Presidential Decree "On additional measures to support the export activities of business entities" was adopted.

The decree established the following:

- business entities that timely repay loans issued from financial resources provided to finance pre-export and export-related trade operations are allowed to allocate additional loans in proportion to the repaid part of the loan;

- until 1 January 2024, when exporting products from fabrics and knitted fabrics to European countries, Turkey, Egypt and Morocco, subsidies are provided to compensate for 70 percent of transportation costs.