A new stage of the digital revolution is beginning in the economy of Uzbekistan. President Shavkat Mirziyoyev was introduced to a presentation on reforming e-commerce in line with modern requirements and introducing the internationally widespread system of “bond warehouses”. Zamin.uz analyzed the essence of these innovations, which will fundamentally transform the country’s trade system.
20-fold growth in eight years: what do the numbers say?
In recent years, the culture of online trade in our country has sharply increased. The volume of e-commerce has reached 1.3 billion dollars, and more than 120 platforms are successfully operating in this sector. Most importantly, through this system, 750 thousand of our compatriots have obtained high-income jobs. However, compared to global experience, there are still many untapped opportunities. For example, in the world, 22% of retail trade is carried out online, while in our country this figure is currently around 4–4.6%.
Bond warehouses — a new driver of economic growth
To take e-commerce to a new level, it is proposed to establish “bond warehouses”. What is this system?
- Payments are delayed: imported goods are stored in a special warehouse under customs control.
- Payment upon sale: customs duties and taxes are paid not when the goods are in the warehouse, but at the moment they are sold to a specific buyer. This system helps entrepreneurs save working capital and reduce logistics costs.
Chain “import – bond warehouse – consumer”
In 2026–2028, a new mechanism will be introduced on an experimental basis. According to it, the warehouse networks of large international marketplaces will be expanded and fully integrated with customs and tax systems. This process will open the way to attracting at least 500 million dollars in direct investment.
Modern infrastructure and export opportunities
Today, only 34% of warehouses in our country belong to the high-quality “A” category. In the next five years, there will be a need for about 2.5 million square meters of modern warehouse space. Bond warehouses will not only facilitate imports but also serve as a convenient bridge for local producers, helping them enter foreign markets.
The head of state gave strict instructions to responsible officials to ensure transparency in the sector and create a favorable environment for digital platforms. This means that in the coming years, online shopping will become even cheaper, faster, and safer.
Dear readers, do you prefer online shopping or traditional markets? How do you think the establishment of bond warehouses will affect product prices?
