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UZBEK FRUIT AND VEGETABLES’ EXPORT SHARE RISES

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UZBEK FRUIT AND VEGETABLES' EXPORT SHARE RISES

Over the years of independence Uzbekistan has created all necessary conditions to ensure uninterrupted provision of processing industries with raw materials, continuous saturation of the domestic market with fruits and melons, raising and expanding the range of export of competitive agricultural products. An extensive work to create a unified production and procurement system is being carried out consistently and purposefully.

For example, the dehkans and farmers of Syrdarya region, in the days of the June international fruit and vegetable fair in Tashkent signed contracts with foreign companies totaling $63 million. Pursuant to these agreements, export enterprises and farmers have to supply to foreign partners some 100 thousand tons of vegetables, fruits and other agricultural products.

In particular, LLC "Syrdarya coast" signed a contract for the supply of mosh (soy product) to foreign companies for $30 million, In this regard, after harvesting cereals in the fields of Bayaut, Gulistan, Saykhunobod and Syrdarya districts on the area of 1500 hectares, the new varieties of mosh “Durdona” were sown. It is gratifying to note that thanks to the skill and diligence of the farmers, they were able to grow an excellent crop. After harvest, Syrdarya farmers and exporters have begun a thorough cleaning, sorting and packaging of these products.

It is also worth to note the big tax benefits available in our country to encourage export activity.

For example, if the share of export in the total sold production is from 15 to 30 percent - regressive taxes on income are applied, with the single tax payment on property amounting to 30 percent. If the export share exceeds 30 percent of the total volume of sales, these tax rates are reduced to 50 percent.

However, it is necessary to remember that these benefits are applied only in relation to direct manufacturers of export products.

UzA