Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

You are using software which is blocking our advertisements (adblocker).

As we provide the news for free, we are relying on revenues from our banners. So please disable your adblocker and reload the page to continue using this site.
Thanks!

Click here for a guide on disabling your adblocker.

Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

Government of Uzbekistan plans to boost fruit and vegetable exports

In a significant push towards agricultural development, Uzbekistan, under the leadership of President Shavkat Mirziyoyev, has unveiled a comprehensive strategy aimed at amplifying the country's fruit and vegetable production and exports. A pivotal meeting held on February 12th highlighted the allocation of an additional 60,000 hectares of land to local farmers, a move poised to generate an extra $200m from 1.5 million tons of agricultural exports. This initiative underscores the importance of equipping the youth with farming skills and ensuring their employment across Uzbekistan's agricultural landscape.

The strategy also explores the potential of augmenting the nation's output by $1bn through the integration of industry and collaborative efforts on the newly awarded farmsteads and plots. To support these endeavors, the government will provide credit resources totaling one trillion, facilitating the production of goods, machinery acquisition, and the financing of working capital, with favorable loan conditions.

Additionally, the plan includes the leasing of ten thousand machines to the agricultural workforce over a decade, complemented by a three-year grace period and customs benefits for certain farming equipment. Mirziyoyev's directive to construct 200 compact, fuel-free greenhouses further exemplifies the commitment to enhancing greenhouse farming, supported by accessible unsecured loans under the Family Business farm-credit program.

Source: timesca.com

Publication date: