Exporters of textile products are compensated for transportation costs

In accordance with the Decree of the President "On the Development Strategy of New Uzbekistan for 2022-2026", exporters are provided with subsidies to compensate for 70% of transportation costs when exporting products from fabrics and knitted fabrics.

Business entities that timely repay loans issued at the expense of the Export Promotion Agency and related to exports are allowed to allocate additional loans in proportion to the repaid part of the loan;
until January 1, 2024, when exporting products from fabrics and knitted fabrics to European countries, Turkey, Egypt and Morocco, subsidies are provided to compensate for 70% of transportation costs.

Corresponding changes will be made to the procedures for the provision by the Export Promotion Agency of financial resources to commercial banks for loans for trade operations related to exports and pre-export financing, as well as compensation for part of the transportation costs during export.