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Economy 30/03/2021 Some expenses of exporters abroad to be reimbursed
Some expenses of exporters abroad to be reimbursed

Tashkent, Uzbekistan (UzDaily.com) - By the Resolution of the Cabinet of Ministers, amendments and additions were made to some decisions of the Government.

According to the amendments, the expenses of exporters in connection with opening and maintaining trading houses, renting office, retail and warehouse premises, as well as organizing advertising campaigns abroad are reimbursed through subsidies allocated to the Export Promotion Agency under the Ministry of Investment and Foreign Trade from the State budget or other sources provided by law.

According to the changes, now the Agency provides:

- financial assistance to exporting organizations in the implementation of international standardization and certification systems both in the republic and abroad, registration of national products and brands (trademarks) in foreign authorized bodies, by reimbursing the corresponding part of the costs in this direction;

- provides financial support when sending exporters and product samples to foreign countries in order to organize exhibition stands and participate in international exhibitions, presentations and advertising campaigns, as well as introduce traditional national goods and brands (trademarks) to potential markets.

We remind you that in accordance with the relevant resolution of the President, from 1 April 2021, 50 percent of the expenses of domestic exporting organizations abroad related to the opening and maintenance of trading houses, renting office, retail and warehouse premises, as well as organizing advertising campaigns will be compensated at the expense of the Agency.

 

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