Uzbekistan to boost fishing industry

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TASHKENT (TCA) — Late in April, Uzbekistan President Shavkat Mirziyoyev signed the Resolution ‘On Measures for Fishing Industry Management Improvement’, the Jahon information agency reported. The Resolution sets up Uzbekbaliqsanoat (Uzbek Fishing Industry) association including 13 territorial Baliqsanoat units throughout the country.

The association has been tasked with structuring the fish production chain, renovating fish seed production, rationalizing water reservoir use, and introducing new technologies and practices in fishing.

The co-financing of projects will be carried out through Ipoteka Bank’s investment campaign, which will make up at least 51% of territorial Baliqsanoat units’ authorized capital.

According to the Resolution, Uzbekbaliqsanoat and its members will enjoy tax exemptions until 1 January 2023.

The moneys saved will be channeled to supporting fishing organizations and strengthening their resource base.

The Resolution provides for an action plan to boost fishing seeds production, introduce new fishing practices, and boost output.

Such species as catfish, trout, tilapia, Hungarian carp, and sturgeon will be bred in Uzbekistan.

Meeting these targets will require developing an action plan for efficient use of the Aydar-Arnasay lake system, introducing cage fishing, strengthening the resource base, and reorienting professional colleges.

It will also require a new fishing faculty at the Tashkent Agricultural University and the study of international experience in this area.

Once taken, these steps will help create a single management system, create new jobs, boost fish production, satisfy people’s demand for fishing products, and bolster export potential.

Nearly 76,000 tons of fish was produced in Uzbekistan in 2016, 16,000 tons more than in 2015. Over 3,000 hectares of artificial lakes were created in 2016 for around 900 new businesses to set up their fishing operations.

Sergey Kwan

TCA