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Presidential Decree No.899 of 2002 regarding additional arrangements for ensuring efficient functioning of cotton-growing farms and investors in the process of growing, processing and trade of cotton.

Country/Territory
Tajikistan
Document type
Legislation
Date
2002
Source
FAO, FAOLEX
Subject
Cultivated plants
Keyword
Textile plants/fibres Agricultural development Contract/agreement International trade Crops/grasses
Geographical area
Asia, Central Asia, CIS (Commonwealth of Independent States), Europe and Central Asia, Landlocked Developing Nations, North Asia
Entry into force notes
Entry into force from the date of issue.
Abstract

President, for the purpose of widening introduction of market relations in the sphere of growing, processing and trade of cotton, creation of favourable conditions for efficient functioning of cotton-growing farms and ensuring their economic independence, decrees to stop beginning from the 2002 harvest distribution of cotton fibres and issuing export permits for them. Monopoly concordance of cotton export contracts with joint-stock company “Agroinvestbank” shall be stopped. Assisting banks and their territorial branches shall be granted the right to legalize cotton export contracts. National bank shall ensure control over assisting banks as regards legalization of cotton export contracts. President decrees to establish that cotton-growing farms are free to choose investor and to execute payments in accordance with contracts (agreements) concluded in accordance with Civil Code that are subject to compulsory registration at Tajik universal commodity exchange.

Full text
Russian