Gov’t introduces new rules for import and export of cash foreign currencies 

The procedure for customs control of the cash equivalent of more than 70,000,000 (seventy million) soums imported and exported by individuals is established by filling out the passenger customs declaration and presenting it to the employee of the customs body.

In the amendment to this regulation, the amount of declaration is determined to be more than the equivalent of 100,000,000 (one hundred million) soums.

When individuals present undeclared amounts of cash currency in excess of the specified amount required to fill out a declaration, the procedure for explaining the rules for filling out a declaration to individuals by employees of the customs authorities is being introduced.

Reportedly, adoption of the project will ensure the regulation of relations related to import and export of foreign currency, creation of convenience for business entities, and saving of state budget funds.