International Seminar
International cooperation: discussion of experience in developing competition in the pharmaceutical market
Development of alternative construction technologies
The social tax rate for trade and service businesses is to be extended
A new procedure for importing goods from foreign marketplaces has been introduced in Uzbekistan. Now, for 1 kg of imported parcels, 2% of the basic calculation value must be paid. The new rules will also apply to sending parcels between individuals. Today the norm of duty-free imports is up to $1000 and if this limit is exceeded, individuals must pay 30% of the excess. This measure aims to reduce shadow imports and preserve fair competition in the local market. At the same time, consumers will not pay the fee directly, but it may be included in the cost of transporting services.
On January 27-30 of this year, the Competition Policy and Consumer Rights Research Center held another training course on the topic of "Bringing the Activities of Government Agencies and Economic Entities in Line with the Requirements of Competition Legislation". Employees of the structural organization of JSC "Uzbekistan Railways" took part in the advanced training courses. These training courses provided detailed explanations of the Law of the Republic of Uzbekistan "On Competition" and its purpose, as well as the main requirements for a dominant position, monopoly and natural monopoly. At the end of the training seminar, the Director of the Center O. Jumayev presented special certificates to the participants.
Starting from April 1 of this year, price restrictions on over-the-counter drugs and medical devices will be abolished in the Republic. However, these restrictions will remain for prescription drugs. Today the maximum markup for over-the-counter drugs is 15% for distributors and 20% for pharmacies. However, due to the established markup, illegal importation of medicines may increase, and after the abolition of VAT benefits, its share in the market may grow even more. In this regard, the Decree of the President of the Republic of Uzbekistan “On Additional Measures for Accelerated Development of the Pharmaceutical Industry” No. PF-13 dated 28.01.2025 abolishes all price restrictions on over-the-counter drugs and medical devices.