UNIDO assists Uzbekistan in modernizing silk-processing industry (Exclusive)
Date
3/30/2022 3:05:54 PM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, March 30. The United Nations
Industrial Development Organization (UNIDO) has started
'Silk-processing industry upgrading in Uzbekistan' project within
the Joint Declaration with the country, communications officer of
UNIDO Charles Arthur told Trend .
Arthur said the project was initiated earlier this year, backed
by $2.5 million budget.
According to him, the project will engage with a pilot group of
selected beneficiary enterprises active in local and regional
silk-processing value chains. Its main objective is to contribute
to improved competitiveness of high-end value-added goods through
sustainable industrial modernization, innovative upgrading and
improved post-crisis resilience of the silk industry.
This project will foster local communities through poverty
reduction, employment generation and economic diversification while
also accelerating the COVID-19 post-crisis recovery.
'In the Joint Declaration, UNIDO and Uzbekistan's Ministry of
Economic Development and Poverty Reduction commit to promote
cooperation in various areas, including green industry, a circular
economy, renewable energy and energy efficiency, agro-industrial
clusters and light industry modernization. The UNIDO has so far
developed two projects to support the implementation of the Joint
Declaration', Arthur said.
The joint declaration was signed in December, 2020 between
Minister of Economic Development and Poverty Reduction of
Uzbekistan Jamshid Kuchkarov and Director General of the United
Nations Industrial Development Organization Li Yong for an initial
period of four years (2020-2024). It will contribute to the
implementation of the industrial development strategy of Uzbekistan
until 2030.
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