DAILY NEWS HERALD # 31 Press Service of the MFA of the Republic of Uzbekistan February 14, 2018

posted 15 Feb 2018, 10:56 by Webmaster Ambasciata

President.. 1

President of the Republic of Uzbekistan received the Deputy Prime Minister, Minister of Strategy and Finance of the Republic of Korea. 1

Officially.. 2

Uzbekistan to develop Tax Code in new edition. 2

Murotjon Azimov becomes chairman of the State Customs Committee. 2

Innovative Ideas. 2

Advanced Innovations Contest 2

Economy.. 3

Wholesale trade amounts 2.98 trillion soums in January. 3

International relationships. 3

Dedicated to further strengthening economic cooperation. 3


Cozy for Tourists. 4




President of the Republic of Uzbekistan received the Deputy Prime Minister, Minister of Strategy and Finance of the Republic of Korea

On February 13, 2018, President of the Republic of Uzbekistan Shavkat Mirziyoyev received the Deputy Prime Minister, Minister of Strategy and Finance of the Republic of Korea, co-chairman of bilateral Intergovernmental Commission Kim Dong-yeon, who is in our country on a working visit.

Warmly welcoming the guest, the President of Uzbekistan noted with deep satisfaction the observed stable dynamics of expanding bilateral multifaceted cooperation, consistent strengthening of centuries-old ties of friendship and strategic partnership between the two countries.

President of the Republic of Uzbekistan received the Deputy Prime Minister, Minister of Strategy and Finance of the Republic of Korea

It was emphasized that the historic high-level visit to the Republic of Korea in November 2017 and agreements reached on its results allowed to raise Uzbek-South Korean mutually beneficial cooperation to a qualitatively new level, filling it with concrete practical content.

Last year, the trade turnover exceeded 1,3 billion dollars. More than 60 investment projects are being prepared and implemented on establishing modern facilities and modernizing infrastructure in Uzbekistan for a total amount of more than $6 billion in accordance with the approved Roadmap.

South Korean investments amounting to $7 billion were attracted, more than 500 enterprises with participation of companies of the Republic of Korea were established in Uzbekistan over the years of cooperation.

Joint programs and activities aimed at introduction of advanced South Korean experience, knowledge and technologies into various sectors of the economy and social sphere of Uzbekistan are being actively implemented. Leading experts from the Republic of Korea are involved as consultants and advisors to ministries, departments and organizations of Uzbekistan.

Cultural-humanitarian, scientific-educational and tourist exchanges are expanding.

During the meeting, views were exchanged on prospects for further expansion of cooperation in trade, economic, investment, innovation, banking, finance and other spheres.

The President of the Republic of Uzbekistan sincerely congratulated the leadership and people of the Republic of Korea on the beginning of Winter Olympic Games in Pyeongchang and wished success in conduction of this international sporting event.

In his turn, Deputy Prime Minister of the Republic of Korea, co-chairman of Intergovernmental Commission Kim Dong-yeon expressed deep gratitude to the President Shavkat Mirziyoyev for the warm welcome and conveyed greetings and best wishes on behalf of President Moon Jae-in.

President of the Republic of Uzbekistan received the Deputy Prime Minister, Minister of Strategy and Finance of the Republic of Korea

The guest expressed his sincere gratitude to the leadership of Uzbekistan for the decision on introducing a visa-free regime for citizens of the Republic of Korea, which, of course, will significantly increase the flow of tourists to Uzbekistan and strengthen business contacts.

Following the meeting, Kim Dong-yeon confirmed the readiness of the South Korean side to further strengthen relations of strategic partnership and expand full-scale mutually beneficial cooperation between the two states.

(Source: UzA)


Uzbekistan to develop Tax Code in new edition

A draft of the Tax Code in new edition will be developed in Uzbekistan.

President of Uzbekistan Shavkat Mirziyoyev signed an order “On organizational measures to radically improve tax legislation”.

The document criticized current tax system and work carried out to increase income to the budgets, introducing new methods of tax administration, etc.

Uzbek leader formed the Republican Commission for preparation of the draft of the Tax Code of the Republic of Uzbekistan in new edition. The commission is headed by Prime Minister Abdulla Aripov.

Also, working groups have been set up to improve tax legislation and tax administration.

The President instructed the commission to prepare a draft Concept on improving the fiscal policy of the Republic of Uzbekistan by 1 April 2018, and the draft of the new Tax Code of the Republic of Uzbekistan by 1 July 2018.

Uzbek leader ordered the commission to study international norms and standards, as well as principles of market economy, revise tax administration mechanisms, simplify taxation system, etc.

The commission also should focus its efforts to decrease tax burden to enterprises, simplify calculation of income tax of individuals, etc.

It will also review preferences, provided for business entities, and make proposal to abolish ineffective ones.

(Source: UzDaily.com)

Murotjon Azimov becomes chairman of the State Customs Committee

A new chairman of the State Customs Committee has been appointed in Uzbekistan.

According to the website of the Committee, Murotjon Azimov became chairman of the State Customs Committee of Uzbekistan.

The general-major of customs service Murotjon Azimov succeeded Major-General Moidjon Tohiri.

Prior to this appointment, Azimov was the first deputy general prosecutor of Uzbekistan.

(Source: UzDaily.com)

Innovative Ideas

Advanced Innovations Contest

The final stage of the first contest “100 Best Innovative Projects by Uzbekistan Women”, organized by the Women’s Committee of Uzbekistan and the Association of Women Inventors, has been quite eventful with a great diversity of ideas and initiatives.

In our country, issues of attention, support and strong social protection of women are among the priorities of government policy. And the contest, held for the first time, brought together many women scientists, talented students, schoolgirls, inventors, programmers, doctors, entrepreneurs, wishing to introduce their technical projects, rationalization proposals, innovative developments in the field of economy.

Winners in 11 nominations were named – “Best invention”, “Most useful model”, “Effective innovative project” and others. With the winners of the contest it is planned to conduct work on the practical implementation of their developments. Special attention will also be paid to the wider use of the scientific potential of women inventors to establish efficient production in enterprises. With the participation of scientists from universities, research institutes, research and production centers and leading experts of industrial enterprises, cooperation will be strengthened on the basis of the “mentor-apprentice” school. The Women’s Committee of Uzbekistan provides for the organization of special classes, seminars, refresher courses, master classes.

The architect Gavhar Durdieva works as a senior research fellow in the Khorezm Academy of Mamun. She studies the secrets of the preservation and techniques of building ancient monuments. Over the years, he has been working on an innovative project “Monitoring the Sustainability of Architectural Monuments of Uzbekistan and Creating Their Database”.

“My project is aimed at defining traditional methods unknown to science used to create historical architectural monuments of the country, forming a database on their various parameters, improving the methodology for preserving and restoring our invaluable heritage,” says Gavharkhon. “The results of the project can be widely used in the work of architectural and construction organizations, in developing a master plan for the reconstruction of ancient cities, teaching subjects in architecture and urban planning.”

Projects submitted for the competition are considered by the Republican Council of Experts. The authors of the best developments are waiting to be awarded on February 20 in the capital’s Turkiston Palace.

(Source: «Uzbekistan Today» newspaper)


Wholesale trade amounts 2.98 trillion soums in January

Retail trade turnover in Uzbekistan in January increased by 0.8% compared to the same period last year.

The share of trade turnover of large enterprises made up 13.3%. The increase in demand for consumer goods, tobacco products, gasoline and alcoholic beverages led to an increase in the growth rate for large enterprises by 19.6% last year.

The volume of wholesale trade in January 2018 amounted to 2986 billion soums or 97.5% compared to the same period of 2017 (currency rates of CB RU from 14.02.2018, 1$= 8188.33 soums).

Trade turnover of small enterprises and microfirms increased by 3.2% and reached 2196.6 billion soums, the share of sales in the total turnover of wholesale trade amounted to 73.6%.

(Source: UzReport.uz)

International relationships

Dedicated to further strengthening economic cooperation

On February 13, the first Uzbek-South Korean meeting on economic cooperation was held at the International Business Center, in Tashkent.

The event was attended by heads of ministries, departments and companies of the two countries responsible for such spheres as foreign trade, investment, banking and finance, fuel and energy, oil and gas, mechanical engineering, transport and communications, construction, chemical, food, textile industry, agriculture and water management, science and education, information technologies and telecommunications, medicine and tourism.

Prime Minister of the Republic of Uzbekistan Abdulla Aripov, Deputy Prime Minister of the Republic of Korea, Minister of Strategy and Finance of this country Kim Dong-yeon and others emphasized that economic cooperation between our countries is consistently developing.

Uzbekistan and South Korea have a strong friendship, strategic partnership and mutually beneficial cooperation. The Republic of Korea is one of the main investment partners of Uzbekistan, an active participant in implementation in Uzbekistan of large-scale projects aimed at modernizing and restructuring the economy, expanding production of competitive products and increasing exports.

Currently, more than 70 South Korean companies are operating in Uzbekistan. 440 enterprises were opened with participation of South Korean investments. The volume of their production exceeds 5 billion US dollars.

Major investment projects have been implemented in the automotive, electric power, oil and gas, electrical, textile, ICT and other sectors, in cooperation with South Korean partners, in Uzbekistan. Recently, a visa-free regime for citizens of the Republic of Korea has been introduced by the decree of the President of Uzbekistan, which will further strengthen relations between our countries.

Last year, the mutual trade amounted to 1 billion 360 million US dollars, which is 27 percent more than in 2016.

At the meeting, the availability of all opportunities for further increasing this indicator was noted. The state visit of the President Shavkat Mirziyoyev to the Republic of Korea in November last year raised bilateral relations to a qualitatively new level. Now it is necessary to fully realize the agreements reached during the visit to the amount of over $10 billion and to assist representatives of business circles in their implementation.

At the event it was emphasized that the sides are equally interested in filling the Uzbek-South Korean cooperation with new content, enhancing contacts between businessmen and supporting joint projects.

The sides considered the progress of implementation of projects within the framework of the Agreement on loans of the Foundation for Economic Cooperation and Development signed between the governments of the Republic of Uzbekistan and the Republic of Korea for 2018-2020.

At the meeting, issues of creation a Training and practical textile technopark in cooperation with the Korean Institute of Advanced Technologies (KIAT), the Uzbek-South Korean business center, opening of the House of Korean Culture and Art, and others were discussed.

Following the event, a Memorandum of Understanding was signed on establishment of a modern multidisciplinary medical center.

(Source: UzA)


Cozy for Tourists

President Shavkat Mirziyoyev has initiated a new set of measures aimed at delivering conditions conducive for the development of the country’s tourism potential. What will change in the near future? Our review has the details.


A decree of the head of our state has introduced of a visa-free regime for 30 days - from the date of entry into the territory of Uzbekistan - for citizens of Israel, Indonesia, the Republic of Korea, Malaysia, Singapore, Turkey and Japan, showing a significant interest in visiting our country, as well as for crew members of aircraft of foreign airlines that carry out regular flights to Uzbekistan.

The total number of countries for whose citizens the visa-free regime will operate will reach 16. Currently, the visa regime is enjoyed by citizens of nine states: Azerbaijan, Armenia, Belarus, Georgia, Kazakhstan, Moldova, Russia, Ukraine and Kyrgyzstan (up to 60 days).

According to experts, the introduced novelty will contribute to the increase in the number of so-called transit tourists in the country. In the process of traveling to their destination, they may stay in Uzbekistan for several days, and then continue their journey.

In order to make these travelers interested, the State Unitary Enterprise “Center for dispatching and servicing tourists” under the State Committee for Tourism and the State Unitary Enterprise “Islam Karimov Tashkent International Airport” developed and approved technology for providing sightseeing services to transfer / transit passengers traveling through the Tashkent Airport.


The list of 39 countries including those of the European Union, East Asia and the Middle East has been approved. As of February 1, 2018, a simplified procedure is introduced for issuing tourist visas, providing for the cancellation of the requirement to provide a tourist voucher or an invitation from an inviting corporate entity or individual in Uzbekistan at the Ministry of Foreign Affairs and visa processing within two working days, not counting the day of receipt of documents.

The list includes Australia, Albania, Andorra, Bulgaria, Bosnia and Herzegovina, the Vatican, Hungary, Greece, Denmark, India, Ireland, Iceland, Kuwait, Canada, Lithuania, China, including Hong Kong, Liechtenstein, Luxembourg, Macedonia, Malta, Monaco, Netherlands, New Zealand, Norway, United Arab Emirates, Oman, Portugal, Romania, San Marino, Saudi Arabia, Serbia, Slovakia, Slovenia, USA, Finland, Croatia, Montenegro, Sweden, and Estonia.

Before that, the simplified regime operated for Austria, Belgium, Great Britain, Germany, Spain, Italy, Latvia, Malaysia, Poland, Thailand, Turkey, France, Czech Republic, Switzerland, Japan.


From 1 July 2018, the system of issuing electronic entry visas for citizens of a number of foreign countries is being put into operation.

An electronic visa is a kind of know-how of an outdated procedure with the upholding of queues at the embassy and the expectation of a document familiar to many tourists. An electronic visa can be obtained exclusively online, which you can not do with a ‘paper’ visa. That is, all questionnaires and documents are submitted through the Network. The procedure for obtaining it does not provide for any interviews with the consul and other things that we call bureaucracy. It looks like this: you submit the necessary documents to the embassy, ​​they are checked in the migration service of the country and return to you with a positive or negative decision. Another convincing argument in favor of such visas is the quick clearance procedure.

The system of electronic visas for today functions already in many countries. In particular, it has proved itself well in Azerbaijan and Georgia; their experience will be studied when implementing this technology in Uzbekistan

Issuance of electronic visas to citizens will be carried out at the airports of the country in accordance with written applications submitted by foreign citizens in the process of processing documents for obtaining entry visas and regardless of the presence of the diplomatic representation of the Republic of Uzbekistan in the country where the clearance process takes place.

It is assumed that all payments for obtaining an electronic visa can be made with the help of international payment systems Visa and MasterCard.


A large-scale work to develop tourism infrastructure has been in full swing lately.

It is planned to open credit lines of the Fund for Reconstruction and Development of Uzbekistan with a view to allocating credit funds to business entities of the tourist industry for co-financing investment projects for the construction of hotels, adjacent road, engineering and communication infrastructures.

Legal entities, the main activity of which is the organization of the theme park services, are provided with benefits in the form of exemption from payment of corporate profit tax, land tax and property tax, as well as a single tax payment for a period of three years from the date of commissioning thematic parks.

Until 1 January 2022, theme parks, hotels and other accommodation facilities are exempted from customs payments for imported equipment, machinery, raw materials, components and spare parts, construction materials and other materials not produced in the Republic of Uzbekistan for the construction, reconstruction and equipping of thematic parks, hotels and other accommodation facilities.

Privileges were also granted through to January 1, 2022, to business entities in the sphere of tourism in the form of exemption from payment of customs payments for vehicles of the tourist class imported to the territory of the republic, as well as equipment, mechanisms and spare parts for the construction, reconstruction and equipping of cable cars, ski lifts, funiculars and other similar objects and structures, as well as balloons, balloons, ATVs and motor boats.

At the same time, the needs of Karakalpakstan are taken into account. As an exception, tourist operators registered in the Republic of Karakalpakstan are allowed to pay customs fees at a rate of 25 per cent of the current rate for imported vehicles of increased cross-country capacity with an engine capacity of at least 2.4 liters with installments of five years for the organization of extreme tours. These cars will be assigned separate series of state registration number plates for vehicles and use exclusively in the territory of the Republic of Karakalpakstan.

To accelerate the introduction of information technologies in the field of tourism and the development of e-commerce, the Decree provides for January 1, 2018 to provide economic incentives for the provision of tourist products and / or online booking of tourist services to tax incentives aimed at encouraging the introduction of electronic services, payments, booking, acquiring and others, as well as specialized Internet sites and portals offering modern types of tourist services.

Taxes and preferences are also stimulated by the creation of access points to the Internet through Wi-Fi technology. The requirement to provide access of the appropriate quality with mandatory identification of users for operators, providers and other economic entities that created in the public places a zone of free wireless Internet access (Wi-Fi). Economic entities that have established free Wi-Fi zones on their territory have been granted tax privileges aimed at purchasing equipment and purchasing Internet traffic for the deployment of a wireless access zone of the appropriate quality. Operators, providers and other business entities that created in the public areas free wireless access to the Internet (Wi-Fi), granted the right to install an advertising banner or stretching area of ​​no more than 18 square meters in the territory of such a zone on a gratuitous basis and without obtaining permission from the relevant local authorities.


State Unitary Enterprise “The Center for Promotion of the National Tourism Product” under the State Committee for Tourism Development is being transformed into the State PR-Center under the State Committee for Tourism Development of the Republic of Uzbekistan. This structural unit will be engaged in promoting abroad the tourist potential of the republic.

The round-the-clock broadcasting channel Dunyo Bo’ylab is named the main information partner of the State Committee for the Development of Tourism in covering the ongoing activities on the development of domestic tourism, active recreation and sports tourism, preservation and use of cultural heritage and natural resources, including protected natural areas (Source: «Uzbekistan Today» newspaper)



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