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Domestic textile enterprises can order and pay in advance for the production of raw cotton directly from farms and other agricultural producers. The government approved a list of 13 enterprises - organizers of cotton-textile production – which are direct participants in this experiment, Norma.uz reported. According to the decree, these enterprises promote efficient and rational use of land, water and other resources, increase in yields and timely harvesting of raw cotton, and also ensure its further in-depth processing and production of products with high added value. They are subject to the conditions and the procedure for the acquisition of agricultural machinery in leasing, the supply of mineral fertilizers, seeds, fuel and lubricants, chemical protection products and other material resources for farming. Cotton fiber, produced for own needs within the cotton-textile production, is certified on a voluntary basis. In general, cotton fiber is subject to mandatory certification. The volume of cotton fiber, exceeding the need for own production capacity, the organizer of cotton-textile production can sell to other domestic consumers under direct contracts or through exchange trades. The document noted that the banks will lend the organizers of cotton and textile production in 2018 at the expense of the Fund for Targeted Financing of Government Procurement of Agricultural Products and Equipping with Agricultural Technology under the Cabinet of Ministers. The amount of loans is not less than 60 percent of the estimated need for financing the cultivation and supply of raw cotton (calculated taking into account the existing conditions for farms that sell raw cotton in the framework of state contracts) at a rate of no more than 3 percent per annum and on terms stipulated for financing farms that sell raw cotton within state order.
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