Tashkent: Uzbekistan intends to introduce a one-year moratorium on fines for overdue export debt, Trend reports via the Uzbek president’s press service. The initiative is part of a strategic move by the Uzbek government to support exporters who are facing challenges due to volatility in international markets and disruptions in supply chain logistics.
According to Trend News Agency, President Shavkat Mirziyoyev articulated this plan during a transparent engagement with the business sector. The moratorium will apply specifically to privately held entities, providing them relief during a period of economic uncertainty. This initiative is a strategic component of the broader framework employed by the Uzbek government to optimize export dynamics and maintain a competitive edge in the fluctuating global economic landscape.