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Impacts of new customs tariffs will be studied
23:19 / 2019-01-29

According to international experts, changes in foreign trade turnover are a natural phenomenon in the context of economic liberalization and increased investment.

According to international experts, changes in foreign trade turnover are a natural phenomenon in the context of economic liberalization and increased investment.

At the meeting on the analysis of effectiveness of measures taken in Uzbekistan to improve monetary policy and foreign trade, the President emphasized that freely acquired currency should contribute to the goals of further development of the economy.

It was noted that in order to increase the competitiveness of domestic production in the domestic and foreign markets, it is necessary to effectively use the currency resources of economic entities and enterprises when purchasing technologies, equipment, raw materials having an investment character. The need was noted for determining measures on increasing production of import-substituting and localized products in enterprises with a state share.

The task was set for studying the impact of new customs tariffs on domestic production and further improving existing tariffs.

At the meeting, the proceeds from exports in the context of leading enterprises and organizations were critically analyzed, shortcomings in this sphere were indicated. Tasks were defined for increasing the export potential of the country, in particular increasing in export revenues of leading exporting enterprises. It was emphasized that in this case it is necessary to identify the areas of highest priority, as well as to develop concepts and roadmaps for their development.

Information of responsible persons was heard on issues discussed at the meeting.