THE CONCEPT OF CURRENCY SMUGGLING AND ITS ESSENCE

Authors

  • Gafurov Farkhod Rashidovich

Keywords:

currency, foreign currency, currency values, smuggling, currency smuggling, Nairobi Convention, legal encyclopedia

Abstract

Today, as a result of the reforms carried out in the field of currency policy liberalization in the Republic of Uzbekistan, a wide range of favorable opportunities is being created for entrepreneurs and citizens engaged in export-import operations. However, there are attempts to illegally use the opportunities created by some "impure entrepreneurs" and citizens, in particular, cases of currency smuggling. This situation, in turn, causes an escalation and growth of currency smuggling to the Republic of Uzbekistan. Since the current situation in the field of countering currency smuggling dictates the need to improve the organizational and legal framework in this area. Based on the above, this scientific article will explain in detail the concept of currency smuggling, which is part of the legal framework for combating currency smuggling, and its essence.

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Published

2021-03-27