City
Epaper

Uzbekistan joins Kyoto Convention on simplification of customs procedures

By ANI | Updated: December 22, 2020 15:15 IST

Uzbekistan has joined the Kyoto Convention on the simplification of customs procedures, another step forward in the country's bid to join the World Trade Organization (WTO), a presidential decree said Tuesday.

Open in App

Uzbekistan has joined the Kyoto Convention on the simplification of customs procedures, another step forward in the country's bid to join the World Trade Orgzation (WTO), a presidential decree said Tuesday.

The law on Uzbekistan's accession to the International Convention on the Simplification and Harmonization of Customs Procedures, adopted in Kyoto, Japan, in 1973, was approved last week by the country's Senate, the upper chamber of the parliament.

Deputies said this move would have a positive impact on the country's integration into the world economy, in particular, its entry into the WTO.

The law signed by President Shavkat Mirziyoyev on Monday said that Uzbekistan accepts all the provisions and chapters of the Kyoto Convention, except chapter 3's cabotage transportation of goods.

Earlier, Uzbek officials said the country would not join the convention's chapter 3 to protect domestic freight carriers.

Mirziyoyev has been carrying out a series of economic reforms since he took office in 2016 and joining the WTO is one of his political priorities. (/Xinhua)

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

NagpurNagpur Tragedy: Five, Including Four from Same Family, Drown in Mine Pit

NationalPM Modi has demarcated the boundary for Bharat’s enemies: HM Amit Shah

InternationalUAE President's Cup lights up European stage: Luwsail Claims Gr1 Title at ParisLongchamp

InternationalChina benefits from Pakistan-India conflict: Foreign Affairs expert Robinder Sachdev

BusinessCentre urges states to explore possibility of setting up nuclear power plants

International Realted Stories

InternationalIsrael launches USD 1.4B National Food Security Strategy for 2050 amid growing threats

InternationalBangladesh Election Commission suspends Awami League registration

InternationalIndia rebuts Trump's claim of trade as a tool used to help in reaching understanding: Sources

InternationalIsrael launches USD 1.4B national food security strategy for 2050 amid growing threats

InternationalEdan Alexander now in Red Cross custody in Khan Younis