According to the Chinese magazine Lookwe, Uzbekistan aims to increase the private sector’s share of exports to 60%.
Since the start of this year, more than 2,400 companies have entered international markets, exporting goods worth $1 bn. Uzbekistan’s President Shavkat Mirziyoyev issued a decree allowing banks to provide unsecured microloans of up to 300 mn soums to support exporters.
In 2023, 235 exporters received assistance to help them adapt to international requirements. A total of 39.3 bn soums was allocated for these purposes, facilitating the implementation of 575 international standards and certifications, including ISO, Global GAP, and others, as noted by Lookwe.
Earlier, Kursiv Uzbekistan reported that trade turnover between Uzbekistan and France had nearly quadrupled.
