Reform In The Field Of Railway Transport Has Been Launched In Uzbekistan
Published date | 24 October 2023 |
Subject Matter | Transport, Rail, Road & Cycling |
Law Firm | GRATA International |
Author | GRATA International |
The President of the Republic of Uzbekistan adopted Resolution No. ПП-329 dated October 10, 2023, which sets priority tasks for reforming railway transport. They include attracting private investment, accelerating the digital transformation of the sector and improving the financial position of enterprises. It is also important to create freedom of choice of wagon operators for entrepreneurs who provide rail transportation services.
In accordance with the document, until January 1, 2027, a zero-customs duty rate will be established on machinery and equipment used for loading and unloading work. This will apply when goods are imported by enterprises providing railway services.
In addition, until January 1, 2026, Oʻzbekiston temir yoʻllari JSC and its divisions are allowed to sell, rent, purchase, and supply goods, as well as perform works and services based on direct contracts. Also, Oʻzbekiston temir yoʻllari JSC gets the opportunity to directly purchase equipment, goods, components, and spare parts necessary for the production and repair of rolling stock, as well as for the repair and construction of railways from manufacturing enterprises and their official dealers.
Effective January 1, 2024, all discounts on rail freight...
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