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Economy 18/08/2024 Uzbekistan-Afghanistan preferential trade agreement to take effect on 1 October

Uzbekistan-Afghanistan preferential trade agreement to take effect on 1 October

Tashkent, Uzbekistan (UzDaily.com) — During the visit of the Uzbek government delegation to Afghanistan, a meeting was held in Kabul with business representatives from both countries.

Uzbekistan’s Prime Minister Abdulla Aripov and Afghanistan’s Acting Prime Minister Abdul Ghani Baradar met with Afghan and Uzbek entrepreneurs. The event was organized to strengthen friendly and mutually beneficial relations based on good neighborliness. The meeting discussed favorable conditions created for businesses in both countries.

The Preferential Trade Agreement between Uzbekistan and Afghanistan is set to take effect on 1 October 2024. The agreement includes the elimination of import duties on 14 agreed-upon types of goods, offering additional advantages to exporters.

To boost the import of agricultural products from Afghanistan, the procedure for obtaining phytosanitary permits has been simplified.

As of 1 August, the Ayritom-Hairaton border post operates 24/7.

For visitors to the International Trade Center in Termez, a 15-day visa-free regime is being introduced, along with exemption from all taxes.

Additionally, the two countries have signed an agreement on mutual promotion and protection of investments to encourage Afghan businesses to operate in Uzbekistan.

The meeting, held in an open dialogue format, provided detailed information on measures aimed at supporting entrepreneurs in Uzbekistan.

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