On October 21, President of Uzbekistan Shavkat Mirziyoyev signed a decree “On measures to further expand financial support for export activities.”
Until January 1, 2022, the State Fund for the Support of Entrepreneurship provides exporters with compensations for loans for pre-export financing, including working capital, in the amount of up to 50%.
The fund also provides guarantees for bank loans allocated for pre-export financing, including working capital, in the amount of up to 50% of the loan amount, but not more than 8 billion sum.
The Fund will provide compensation or surety, regardless of the presence of debt on previously received loans, subject to a positive credit history. It will also charge a fee halved.
An Export Support Fund is being created under the Export Promotion Agency. Its resource base will be formed at the expense of the Fund for Reconstruction and Development in the amount of $ 100 million and loans from international financial institutions and private companies.