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Uzbekistan Will Limit Imports Of Chinese Textiles, Garments And Footwear.

2010/8/21 10:01:00 47

Uzbekistan Textile Clothing And Footwear

from

Uzbekistan

The monograph entitled "the world financial and economic crisis and the road and measures for Uzbekistan to overcome the crisis" was published recently by President Karimov.

The author has put forward concrete viewpoints and conclusions through comprehensive and objective analysis and Research on crisis related issues.

One of them is "Uzbekistan restricts the import of foreign low-priced consumer goods".

In accordance with the resolution adopted by the cabinet of Uzbek on the exhibition of trade in light industrial products (January 28, 2009, No. twenty-fifth), the aim is to promote market research and improve Ukraine's national conditions.

Light industry enterprise

Export potential to promote the export of domestic textile and clothing products.

At the same time, the implementation of the measures can raise the operating rate of the existing enterprises and the production capacity of new enterprises in order to protect the interests of domestic producers.

The resolution also designated specialized agencies to attract foreign buyers to participate in Ukrainian related trade fairs to promote the export of Ukrainian light textile products, with key sales areas in the CIS, Southeast Asia and the Near East.

To enhance their consumption of domestic consumer goods,

Light textile products

The Ukrainian government began to strictly restrict the import of cheap consumer goods abroad.

The specific measure is to reduce the quota of natural persons from foreign duty-free into consumer goods, from the original 50 US dollars to 25 US dollars.

That is to say, consumers who import more than 25 US dollars must pay customs duties, consumption tax and value added tax in full.

According to businessmen, for example, purchases of consumer goods (mainly clothing and footwear) from abroad, customs and tax costs are at least twice the value of goods.

At present, the ability of Ukrainian self produced consumer goods is very weak, basically imported from China, Turkey and Korea.

Therefore, the measures taken by the Ukrainian government will affect the export of our textile products to Ukraine.

The business office suggests that enterprises should not expect to expand the export of light textile products to Ukraine, nor to buy shares of bankrupt textile enterprises locally.

What can be done is to take part in the localization process of the Ukrainian industry, invest in the development of the country's Special Economic Zone, build underdeveloped Ukrainian countries, but are encouraged by their policies to attract foreign investment, such as leather processing and shoe making complex.

The Ministry of foreign trade and economic cooperation hopes that Wenzhou Ouhai shoe making company will set up factories in the new area.