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Why Does Uzbekistan Restrict Imports Of Footwear?

2010/8/21 15:00:00 72

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

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".

According to the organization adopted by the Uzbek cabinet

light industry

The resolution on trade in commodities exhibition (January 28, 2009, No. twenty-fifth) aims at promoting market research and enhancing the export potential of Ukrainian domestic light industry enterprises and promoting the export of domestic textile 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 Ukrainian light textile products.

Exit

The key sales areas are CIS, Southeast Asia and the Near East.

To enhance their consumption of domestic consumer goods,

Textile and other light industries

Product awareness, Ukraine began to strictly limit the import of foreign low-cost consumer goods.

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.