President of Uzbekistan, Shavkat Mirziyoyev, signed a decree which extends zero import tariffs on certain food products until January 2025. This decision is aimed at maintaining food price stability in the domestic market and controlling inflation, TuraNews.kz reports citing Gazeta.uz.
The covered products include food by-products of cattle, fish, milk, cream, butter, eggs, bananas, citrus fruits, fruits, onions, certain vegetables, coffee, tea, vegetable oils, flour, cereals, pasta, water, hair products, children’s clothing, and others (refer to the full list via provided links).
Furthermore, the decree specifies that throughout 2024, a zero customs duty rate will be in effect for the import of fresh, chilled, or frozen meat and poultry by-products (HS code 0207) outlined in heading 0105. This also applies to sunflower, safflower, and cottonseed oils and their fractions, whether unrefined or refined, without a change in chemical composition (1512).
Until the conclusion of 2024, goods originating from countries lacking most favored nation treatment in trade and economic relations will not be subject to the double customs duty rate.
The Presidential Administration has tasked the Government Commission on attracting investment, industrial development, and trade regulation to submit proposals by February 1. These proposals aim to prevent a sharp increase in sugar prices and ensure production stability.
Additionally, the commission is required to assess the effectiveness of applied benefits and submit proposals for their continued application before October 1.
