A Trade Development Company will be established in Uzbekistan

On March 12, President Shavkat Mirziyoyev got acquainted with the presentation of proposals on expanding the activities of entrepreneurs and attracting them to export.

The head of state said this at the meeting of video selectors held on December 18, 2023. After that, new approaches were developed based on the suggestions of entrepreneurs with the participation of experts.

Based on the experience of developed countries, trade development companies will be established instead of agencies and funds in the field. He attracts qualified designers, technologists and marketers from abroad, adapts national products to international requirements, helps exporters to enter new markets, and promotes national brands abroad. This company allocates subsidies, compensation and other assistance based on the stability rating of entrepreneurs.