Global Trade Alert
Global Trade Alert

Uzbekistan: Additional Measures to Mitigate Negative Economic Consequences of the Coronavirus Pandemic

Announcement

03 Apr 2020

On 3 April 2020, the President of Uzbekistan announced additional measures to mitigate the economic impact of the Coronavirus pandemic. 

Source

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Number of interventions

9

6 certainly harmful

0 likely harmful

3 liberalising

List of interventions

Implementation date

03 Apr 2020

Revocation date:

01 Jan 2021

Updated: 03 Apr 2020
Internal taxation of imports

The 3 April 2020 Decree of the President of Uzbekistan issued a waiver from the VAT payments for all imports of

  • construction materials necessary to construct hospitals and quarantine...
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Updated: 03 Apr 2020
Import tariff

The 3 April 2020 Decree of the President of Uzbekistan issued a waiver from all customs payments on

  • construction materials necessary to construct hospitals and quarantine facilities,...
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Implementation date

03 Apr 2020

Revocation date:

01 Oct 2020

Updated: 03 Apr 2020
Loan guarantee

The 3 April 2020 Decree of the President of Uzbekistan instructed, among others, the State Fund to Support Entrepreneurship to increase the coverage of the state guarantee on the loans issued by co...

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Updated: 03 Apr 2020
Interest payment subsidy

The 3 April 2020 Decree of the President of Uzbekistan among others, instructed the State Fund to Support Entrepreneurship to increase the percentage points of the loan interest payments reimbursed...

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Implementation date

03 Apr 2020

Revocation date:

31 Dec 2020

Updated: 03 Apr 2020
Tax or social insurance relief

The 3 April 2020 Decree of the President of Uzbekistan froze the excise tax on alcohol, including wine and beer, and excise tax on retail sale of benzene, diesel and gas. The suspension is in force...

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Implementation date

03 Apr 2020

Revocation date:

31 Dec 2020

Updated: 03 Apr 2020
Import tariff

On 3 April 2020, the President of Uzbekistan announced additional measures to mitigate the economic impact of the Coronavirus pandemic.

It was announced that 20 types of foods, hygienic and...

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Implementation date

01 Apr 2020

Revocation date:

31 Dec 2020

Updated: 03 Apr 2020
Tax or social insurance relief

The 3 April 2020 Decree also instructed the government to waive land and property taxes for the state-owned Uzbekistan Airways and Uzbekistan Airports, for the period between 1 April and 31 Decembe...

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Updated: 03 Apr 2020
Tax or social insurance relief

The 3 April 2020 Decree also instructed the government to waive land and property taxes for tour operators, tour agencies and hotels, for the period between 1 April and 31 December 2020. 

T...

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Implementation date

No implementation date

Revocation date:

No revocation date

Updated: 03 Apr 2020
Capital injection and equity stakes (including bailouts)

The 3 April 2020 Decree of the President of Uzbekistan envisions several types of support to the local banks, given their central role in mitigating the negative economic impact of the COVID-19 out...

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