Tashkent, Uzbekistan (UzDaily.com) -- At the fifty-first plenary meeting, senators discussed the Law “On introducing additions and changes to certain legislative acts of the Republic of Uzbekistan.”

As you know, in recent years, significant work has been carried out in the country aimed at creating favorable conditions for the development of the jewelry industry, increasing the export of jewelry, as well as creating comprehensive opportunities for the development and support of the tourism sector.

At the same time, in order to transform the jewelry industry into one of the main drivers of the industry, support the production and trade of jewelry, as well as meet the needs of business entities for raw materials, this Law introduces an addition to the Tax Code of the Republic of Uzbekistan, providing for exemption from tax on added value. the cost of importing precious stones used for the production of jewelry into the territory of the Republic of Uzbekistan.

At the same time, in order to further develop tourism, support and create the necessary conditions for the effective operation of children’s health camps, this Law stipulates the addition of the Tax Code of the Republic of Uzbekistan with a rule on exemption from tax on income received by rest homes and recreation areas organized on the basis of children’s health camps in the system of trade unions during the period outside the children’s holiday season, profit from the provision of services in this direction.

In addition, an amendment is being made to the Law of the Republic of Uzbekistan “On Tourism”, envisaging the exemption of holiday homes and recreation areas organized on the basis of children’s health camps in the system of trade unions during the period outside the children’s holiday season from mandatory certification.

It was noted that this Law serves to provide domestic jewelry manufacturers with raw materials and increase their export potential, as well as to develop tourism and create new jobs.

The law was approved by senators.