Uzbekistan will lift all restrictions on the export of goods starting July 1, opening a new chapter for local producers and exporters, according to a statement made during a videoconference chaired by President Shavkat Mirziyoyev.
The announcement was made as part of a broader discussion on how to reduce the impact of global economic fluctuations on Uzbekistan’s economy. President Mirziyoyev emphasized that by removing export limitations, businesses will be encouraged to expand production, improve product quality, and seek out lucrative international markets.
“One thing needs to be clearly understood. If entrepreneurs work in high-value markets, they will have an increased desire to increase production, improve quality, and gain interest,” said the president.
While the government will eliminate export restrictions on all goods, duties will still apply to 86 categories of raw materials and socially important products. Officials stressed that this measure will ensure essential domestic needs are met while maximizing export potential for other goods.
The move is part of a broader effort to stimulate industrial growth, particularly in sectors such as confectionery and soft drinks, which have become significant contributors to the local economy. In a further boost to these industries, the excise duty on sugar will be abolished, and import restrictions on powdered milk will be lifted.
These reforms are expected to drive the annual turnover of over 5,500 enterprises—employing about 40,000 workers—to at least UZS 50 trillion ($3.85bn).
A digital labeling system has been introduced for several product categories, including soft drinks, household appliances, and pharmaceuticals. However, inconsistencies in its application have led to enforcement issues and unfair competition. In response, the Tax and Customs Committees have been directed to mitigate the negative effects of the system on production and to tighten oversight.
The president also ordered a revision of VAT cashback mechanisms for restaurants and cafes. Although the program offers a refund of 20 to 40%, very few businesses have taken advantage of it due to confusion over qualifying goods.
“The Tax Committee has been instructed to sort out misunderstandings in this regard and establish a fair system,” the statement noted.
Another major area of concern addressed was the recent hike in land tax and rental rates. President Mirziyoyev emphasized the need to tailor tax decisions to the financial realities of businesses, stating:
“Increasing revenue should not be done by increasing tax rates. On the contrary, if we help entrepreneurs and expand the tax base, revenue will increase, and entrepreneurs will also agree.”
To support businesses further, entrepreneurs will now be allowed to pay land tax and rental fees in two installments annually.
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