The organization will also provide guarantees for bank loans allocated for pre-export financing, including working capital, in the amount of up to 50% of the loan amount, but not more than $770 thousand.

Uzbekistan`s export will be strengthened, as President Shavkat Mirziyoyev on October 21 signed a decree to establish Export Support Fund.

The new structure, as expected, will support exporting companies until January 1, 2022.

The fund will provide exporters with compensation for loans for pre-export financing, including up to 50% amount of working capital.

The organization will also provide guarantees for bank loans allocated for pre-export financing, including working capital, in the amount of up to 50% of the loan amount, but not more than $770 thousand.

For all above purposes, the fund will be allocated $100mn.

https://uzreport.news/economy/uzbekistan-to-establish-export-support-fund