Uzbekistan to allocate $100 million to support export activities

The President has signed the decree “On further strengthening of financial support for export activities”.
 
According to the document, the Fund for Reconstruction and Development will allocate $100 million to the Export Support Fund to finance export-related trade and pre-export operations. The funds are allocated at the request of the Export Promotion Agency for a period of 5 years at a rate of 1%.
 
The Government Commission on Foreign Trade, Investment, Development of Local Industry and Technical Regulation has been instructed to ensure the timely and full return of allocated funds, as well as to attract resources from international financial institutions, foreign government financial organizations, domestic commercial banks, foreign banks and financial companies in the amount of $200 million for pre-export financing.