Uzbekistan to revise tariffs and simplify certification process for imports
From now on, during the import process, conformity certificates will be issued not for each individual shipment but for the total volume specified in the contract. Tariffs for raw materials and components will also be revised. Exporters in five sectors will receive $700 million in working capital support.
As previously reported, to ensure affordable raw materials, blended fabrics and textiles have been exempted from customs duties until January 1, 2028. However, such issues also exist in other sectors of industry.
Experts from the World Bank have also noted that tariff policy should stimulate production. In preparation for the open dialogue, 130 proposals on this issue were received from entrepreneurs across various sectors.
The head of state instructed the deputy prime ministers responsible for economy and investment to study the needs of each industry and regional enterprise by November 1 and revise tariffs for other raw materials and components.
Going forward, conformity certificates will be issued based on the contract volume rather than each shipment.
Last week, a meeting with representatives of more than 200 textile enterprises was held, where initiatives worth UZS 7 trillion to support the sector were announced.
According to Shavkat Mirziyoyev, a “trusted exporter” program will soon be launched in the textile industry. Under this program, an export pre-financing system will be introduced, with $200 million allocated for this purpose.
This mechanism will also be extended to other industries with high export potential but underutilized opportunities, such as electrical engineering, construction materials, food production, and pharmaceuticals.
Entrepreneurs in these sectors will be provided with $500 million in working capital.
In addition, ten guaranteed high-quality and competitive products from each sector will be awarded the “Uzbekistan Symbol” quality mark, and a large-scale promotional campaign will be launched to introduce them to the global market.
Textile entrepreneurs seeking to relocate their enterprises from Tashkent and regional centers to districts with greater labor resources and available land will be eligible for loans of up to UZS 10 billion. The president also noted that enterprises from other labor-intensive sectors proposing similar initiatives will receive government support.
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