Monday, 31, August, 2026

Uzbekistan is set to implement a new mechanism to reduce overdue accounts receivable from foreign trade operations, according to a presidential decree signed on August 27.

Under the new regulations, businesses will be permitted to clear outstanding export-related debts using their own funds if the underlying assets were not repatriated within the legal timeframes.

This option will be available until January 1, 2027, as part of a one-time nationwide amnesty. The procedure applies exclusively to foreign trade contracts concluded before the decree took effect.

The initiative covers instances where goods, works, or services were successfully exported, but the foreign counterparty failed to settle the payment on time, resulting in the debt being flagged as overdue in the government's "E-Contract" electronic monitoring system.

However, state-owned enterprises are barred from participating. The decree explicitly excludes legal entities in which the state holds a stake of 50 percent or more, as well as any subsidiary organizations under their control.

 

 

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