According to a new presidential decree, Uzbekistan will abolish the system of setting minimum export prices for fruit and vegetable products. The system, introduced last year, had been criticized by analysts as "a blow to fruit and vegetable exports." Minimum export prices will, however, remain in place for three other product categories.
The decision was formalized under presidential decree No. 181, signed on October 8. The document does not specify the exact date when the regulation will cease to apply.
The minimum export price mechanism was introduced in 2024 for fruits and vegetables, as well as for textiles, leather, footwear, and electrical products. Analysts said at the time that the measure limited exporters' flexibility and reduced competitiveness in international markets.
Under the same decree, entrepreneurs purchasing machinery for harvesting leguminous crops will receive state support. The government will reimburse 15% of the equipment cost and compensate the portion of leasing or credit interest rates exceeding 10%.
The document also requires natural gas to be supplied to greenhouse farms on a guaranteed basis. In addition, greenhouse operators will benefit from specific tax incentives aimed at maintaining production and ensuring operational stability.
Source: KUN
