On February 8, 2021, the Presidential Decree “On additional measures for further development of the leather, footwear and fur industries” was announced.
This decision is designed to further expand the production of high quality leather, footwear, leather goods, as well as finished products with high added value from fur and wool. According to him, it is planned to create new jobs through the development of small and medium-sized businesses in the industry, to encourage the introduction of modern technologies.
According to the resolution, the Fund for Reconstruction and Development will open credit lines for the relevant commercial banks for a period of up to 7 years, including a 3-year grace period, at a rate of 4% per annum. Loans are provided to businesses for the purchase of modern new equipment and technology for a period of up to 7 years, including a grace period of 2 years, at a rate of 6 percent per annum.
The document also approves the list of raw materials, supplies and accessories for import into the territory of the Republic of Uzbekistan until January 1, 2023, where the zero rate of customs duty is applied.
On the basis of the document, the establishment of specialized outlets for the sale of local finished products on an experimental basis from the border checkpoints “Oybek-Avtoyol” (Tashkent region) and “Sariosiyo-Avtoyol” (Surkhandarya region) to the neighboring state border is determined.
Uzcharmsanoat, Uztextile Industry, Uzbekpaksanoat, Uzeltehsanoat and other associations will provide the outlets with high-quality local products.
According to the decision, the Uzcharmsanoat Association will launch a Multibrand, which specializes in the sale of leather products produced by local enterprises in the regions of the country and abroad at the expense of the Fund for Development and Support of the Leather and Footwear Industry. The organization of deposits and the creation of its e-commerce platform.
According to the document, Uzstandart Agency:
within two months registers the current normative legal acts on standards for leather, footwear, leather goods, wool and fur products, the requirements for their testing methods, and revises them in accordance with international standards. considers and submits proposals to the Cabinet of Ministers on relevant amendments and additions to the current legislation;
Until March 1, 2021, based on the needs of enterprises producing leather, footwear, leather goods, wool and fur products, to adopt international, regional and foreign standards for testing in the original languages takes measures.