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The American-Uzbekistan Chamber of Commerce (AUCC) seeks to promote trade and investment ties, cultural exchanges and bonds of friendship between the United States of America and the Republic of Uzbekistan. In performing these functions, the AUCC places primary emphasis on serving the needs and interests of its members.

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Uzbekistan to establish Export Support Fund

uzreport.news/
22 October 2020

The organization will also provide guarantees for bank loans allocated for pre-export financing, including working capital, in the amount of up to 50% of the loan amount, but not more than $770 thousand.

Uzbekistan`s export will be strengthened, as President Shavkat Mirziyoyev on October 21 signed a decree to establish Export Support Fund.

The new structure, as expected, will support exporting companies until January 1, 2022.

The fund will provide exporters with compensation for loans for pre-export financing, including up to 50% amount of working capital.

The organization will also provide guarantees for bank loans allocated for pre-export financing, including working capital, in the amount of up to 50% of the loan amount, but not more than $770 thousand.

For all above purposes, the fund will be allocated $100mn.