TASHKENT, Uzbekistan, August 20. Uzbekistan
intends to introduce a one-year moratorium on fines for overdue
export debt, Trend
reports via the Uzbek president’s press service.
The initiative, articulated by President Shavkat Mirziyoyev in a
transparent engagement with the business sector, aims to bolster
exporters in the face of volatility in international markets and
interruptions in supply chain logistics. The suspension will be
applicable to privately held entities.
The initiative constitutes a strategic component of the overarching
framework employed by the Uzbek government to optimize export
dynamics and sustain competitive advantage amidst fluctuations in
the global economic landscape.
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