Uzbekistan to adopt programme on diversification of foreign trade routes for cargo transportation

Uzbekistan plans to adopt a comprehensive programme of diversifying foreign trade routes for transportation of goods and their integration into the international infrastructure.

A draft resolution of the President of Uzbekistan “On diversification of foreign trade routes for transportation of goods and their integration into international infrastructure” was published on the portal of the RIA.

The document is planned to adopt a comprehensive programme for diversifying foreign trade routes for transportation of goods and their integration into the international infrastructure.

The project envisages formation of new transport corridors that provide shortest exits to international transport communications and increase transit transport, expand access to regional and global markets, increase efficiency of using export potential and expand sales markets for domestic products.

Uzbekistan intends to improve the system of organization and management of transportation, creation of a modern efficient multi-purpose transport and transit infrastructure that meets international requirements and standards, ensuring co-operation in provision of transport services by various models of transport – road, rail and air, improving functioning of intermodal logistics centers.

The Government of Uzbekistan plans to consider issue of granting tariff preferences for intra-republican transportation of export cargo by rail.

Within the framework of the document, Uzbekistan plans to implement projects on construction of Uzbekistan-Kyrgyzstan-China railway, creation of a transport corridor in the north-west of Afghanistan through construction of railways and highways, as well as the high-voltage power transmission line on the route Mazar-e Sharif-Shibergan- Herat.

It is expected that commercial banks will provide loans to national road carriers with an interest rate equal to the refinancing rate of the Central Bank for subsequent financing of Uzavtosanoat-leasing LLC and other leasing organizations with a bank margin of no more than 0.5% per annum.

man