posted 30 Aug 2017, 11:17 by Webmaster Ambasciata


The President of Uzbekistan has approved a program of measures to develop the jewelry industry


Enlightenment Key to Security



The President of Uzbekistan has approved a program of measures to develop the jewelry industry

The cancellation of the excise tax on jewelry sold in the retail trade network since January 1, 2018 will be the strongest incentive for the industry.

In addition, jewelry manufacturers are exempt from excise tax and value added tax on jewelry sales, as well as export tax by January 1, 2020. At the same time, all released funds should be invested in the reconstruction and modernization of production, and replenishment of current assets.

Meanwhile, there are some new requirements. As of October 1, 2017, the production of jewelry and other precious metal products will legal solely by a license of the Precious Metals Agency at the Central Bank with the cancellation of the previously issued registration certificate of the State Assay Chamber.

The procedure of sales of precious metals to manufacturers of jewelry products will face significant changes as well. They will now have to apply to authorized commercial banks specifying the amount needed for production. In turn, the commercial banks will form a general order and forward it to the Central Bank.

The central bank will allocate precious metals in the form of plates weighing from 100 grams, for the national currency on a full prepayment basis, based on the price of the morning fixing of the London Stock Exchange of precious metals in terms of net weight of precious metals. The State Research and Production Enterprise ‘Phonon’ will embark on the production of such plates since October 1, 2017.

Commercial banks sell precious metal plates to jewelry manufacturers without the right of subsequent resale with a margin of no more than 1%.

By October 1 of 2017, the Central Bank will open branches of the State Assay Chamber in the regions of the republic. They will deal with determination of the jewelry sample and branding. The regulator is currently preparing proposals to revise the established size of the assay collection, envisaging the allocation of a part of the incoming funds for strengthening of the logistical capacity.

The head of state entrusted the Ministry of Finance, the Central Bank and the Association of Jewelers to develop a program of measures on the follow up development of the jewelry industry for 2017-2021, and submit it to the government by October 1, 2017.

Banks have received their share of benefits too. They are released from the value added tax and mandatory contributions to state trust funds for the sale of precious metals by January 1, 2020.

The leader of Uzbekistan has initiated the first major project in the country's jewelry industry. In particular, it is planned to establish a n up-to-date jewelry production on the basis of the state enterprise ‘1-Zargarlik Korhonasi’ in Tashkent by the end of 2018. Asaka Joint-Stock Commercial Bank is entrusted with this initiative.

(Source: «Uzbekistan Today» newspaper)


Enlightenment Key to Security

The leadership of the Organization of Islamic Cooperation and its members today highly appreciate the efforts undertaken by Uzbekistan during its chairmanship in the Council of Foreign Ministers of the organization in 2016-2017.

With what has enriched Uzbekistan the OIC agenda during its presidency? We have approached with this question the chief research fellow of the Institute of Strategic and Interregional Studies under the President of the Republic of Uzbekistan, Utkir Kodirov.

Outcomes palpable

On October 18-19, Tashkent hosted the 43rd session of the OIC Council of Foreign Ministers, and Uzbekistan assumed presidency in the institution. The head of our state in his speech announced the main priorities of the then forthcoming work. One of the widely discussed was Shavkat Mirziyoyev's initiative to set up Imam Bukhari International Research Center in Samarkand. The idea has found full support of Muslim countries, and the organization adopted a special resolution on this.

The creation of such a center in Samarkand is quite logical. The work Al-Jami'a al-Sahih of the great hadith scholar and famous theologian Imam Bukhari has served as the second most important written source of Islam for nearly twelve centuries since the advent of the Holy Koran. And every year Muslims from many countries of the world aspire to visit the native land of the scientist - in Bukhara and visit his grave in Samarkand. Bukhara, Samarkand, Tashkent, Termez are widely known throughout the Muslim world as centers of Islamic science and spiritual values. Here, the traditions of scientific schools were formed, which made an invaluable contribution to the development of enlightened Islam.

Comprehensive and in-depth studies of the works of these scientists will be conducted at the center being created.

Islam is a very peaceful and tolerant religion. But in some regions of the world it is associated with violence and terror. One of the reasons is insufficient knowledge about Islam.

The center is tasked with spreading the true values of enlightened Islam not only in the Muslim world, but throughout the international community. This, in turn, will prevent young people from falling under the influence of religious extremism and terrorism and to develop immunity in the younger generation against destructive ideas.

In this context, it is worth noting that at the summit of the Arab-Muslim countries and the USA, which took place in May this year, the Uzbek President Shavkat Mirziyoyev met with Islamic Development Bank President Dr. Bandar Hajjar. The latter highly appreciated the efforts of our country and the endeavors spearheaded under the leadership of Shavkat Mirziyoyev to communicate the true values ​​of enlightened Islam. Commenting on the signed Memorandum between the IDB and Uzbekistan on the construction of the Imam Bukhari International Research Center, Dr. Hajjar stressed that the Islamic Development Bank is also considered a bank of Uzbekistan. These words are a vivid proof of the attitude of the Islamic world towards the homeland of Imam Bukhari and his descendants.

The Center for Islamic Culture has been opened in Tashkent. Speaking about its objectives, the head of our state Shavkat Mirziyoyev said at the conference devoted to ensuring social stability, preserving the true essence and substance of the sacred religion Islam, that the center will act under the general motto “Enlightenment against ignorance”. The venue is to practice comprehensive study of the rich historical, scientific and spiritual heritage of our people, as well as its wide dissemination in the world community.

Inconvisible facts

From the first days of its chairmanship in the OIC, Uzbekistan put forward the slogan “Education and enlightenment is the path to peace and creation”. Recent studies of the UN Counter-Terrorism Center show that today terrorist groups are targeting young people.

The number of young people aged 18 to 24 years in the world is 1.8 billion

The head of the center, Mr. Khan, notes that a young man with access to the internet quickly absorbs radical ideas. However, at present, emphasis is mainly placed on the fight against terrorism, and not on countering the spread of radical ideologies. About 80% of internet users trust the information from social networks, which creates fertile ground for manipulating the consciousness of young people.

The leitmotif of the speech of the head of our state at the session of the Foreign Ministers Council was the thesis about preventing the involvement of the younger generation in the activities of various terrorist and radical structures. “We need to focus on the education, spiritual and moral enlightenment of youth, the formation in them of the desire for knowledge and self-development, explanation of the genuine values ​​of Islam, which have always called for us to kindness, peace and tolerance,” stressed Mirziyoyev. The President raised these pressing issues both at the Astana Summit of the SCO in June 2017, and at meetings with imams and the youth of Uzbekistan.

In the context of globalization, there is barely any country not concerned with new challenges and threats. The motto advanced by Uzbekistan has been acknowledged by the leaders of many nations as a timely proposal to raise the international community’s attention to the issues of spiritual and moral enlightenment of the growing generation.

In particular, at the summit of Arab-Muslim countries and the US, the Saudi King Salman bin Abdul-Aziz Al-Saud said that in combating extremism, it is essential to spread the principles of moderation and tolerance. The US President Donald Trump also put forward his constructive proposals. We will wage an uncompromising struggle against terrorism and extremism. We must unite along this path, Trump said.

It was decided at the summit to establish a Global Center to Combat Extremist Ideology in the capital of Saudi Arabia. Uzbekistan wholeheartedly supported that initiative.

Outside ideology

It is known that the Islamic world has a huge economic, human and investment potential. Their rational use, enhancement of international trade and financial cooperation of OIC member states will allow for achieving high development rates. The population of the Muslim world is 1.6 billion people. From the economic point of view, this is a huge market for business.

Thanks to the efforts of Uzbekistan, a five-year OIC program for the countries of Central Asia was adopted, which, inter alia, envisages provision of financial and technical support from the IDB in the expansion of transport, energy systems, as well as the improvement of agriculture and trade in the countries of the region. The total amount of the project is $ 6 billion.

Strategic objectives

Counteraction to religious extremism, terrorism, creation of a security belt around Uzbekistan, of an atmosphere of civil peace, inter-ethnic and inter-religious harmony within the country, the formation of conditions for the development of enlightened Islam are the priorities that are being consistently implemented in our country today. They are included in the Strategy of Actions along five priority development areas of the Republic of Uzbekistan in 2017-2021.

The OIC Secretary General and representatives of other international organizations have highly appreciated the adopted Strategy. The international community recognizes our country’s achievements in the field of human rights. Thanks to this, Uzbekistan’s standing in the world has been rising, the image of the state playing an important role in ensuring regional security, peace, stability and prosperity is being affirmed.

Proceeding from the outcomes of the practical works carried out during chairmanship in the OIC Foreign Ministers Council, Director of the National Center for Human Rights of the Republic of Uzbekistan, Akmal Saidov, was elected member of the Standing Committee on Human Rights of the OIC.

On July 10-11 this year, in the city of Abidjan, in the framework of the regular 44th session of the Council of Foreign Ministers, OIC officially handed over the chairmanship to Côte d’Ivoire. The efforts to deliver strategic goals are set to continue.

(Source: «Uzbekistan Today» newspaper)


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