Impact Factor: 2 issn-l: 2544-980x economic Transformations in China and Uzbekistan: Cooperation and Strategic Relations Between Them

Vol. 25 (2022): Miasto Przyszłości 
327 
Miasto Przyszłości 
Kielce 2022 
Streamline the Foreign Economic Activity of the Republic of Uzbekistan" sharply reduced customs duties on more than 
8,000 categories of imported goods. This included zero rates of customs payments for 3,550 items and a modest excise tax 
for 1,122 items. The average customs rate for imported goods was now established as 6.45 percent.
Cotton is considered a national treasure of Uzbekistan, and its price was very high in the mid-1990s. After the cotton crisis 
of 1996, whereas, the country took a long time to recover its production level. Cotton output in Uzbekistan contributes 
approximately 13% of GDP through cotton product exports.
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Cotton revenue is so high because agricultural policies, 
institutions, infrastructure, and farming practices are all designed to ensure high levels of cotton production. The main 
policy that influences cotton production is the state cotton procurement policy, which requires farmers to achieve 
predetermined cotton output targets.
A significant element of the present agricultural reforms has been to allow textile factories to buy raw cotton directly from 
farmers, without the intermediary ―Uzpakhtasanoat,‖ the former Soviet state monopoly in charge of all sales of cotton 
fibers. In his address to the parliament, President Mirziyoyev excoriated the inefficiency of the existing system and spoke 
favorably of successful pilot programs to create cotton-textile clusters in the Navoi, Bukhara, and Syrdarya regions.
Uzbekistan endorsed the Sustainable Development Goals (SDGs) in 2015, and in 2018 adopted its national goals and 
targets until 2030. The targets are ambitious, focusing on the development of physical and human capital and on improving 
the environment. To reach the national SDG targets, the government established a coordination council and developed a 
road map for implementing and monitoring the SDGs. According to the road map, the government will develop annual 
implementation plans and indicators, and mainstream the national SDGs in the national census and state budget by 2030.