Uzbekistan Strikes Deals With Several European Nations On Textile And Leather Exports
Date
10/30/2024 5:13:49 AM
(MENAFN- Trend News Agency)
TASHKENT, Uzbekistan, October 30. Uzbekistan
and European companies have come to an agreement on shipping
finished textile products and fabrics over to Europe, Trend reports.
The news follows a meeting between Uzbekistan's Ministry of
Investment, Industry, and Europe's key industry players, such as
Trade with Alba Tessile, T.I.S., Ametlab, ItalTex, Sartoria La
Torre, SI Group, Rossorame, Weitblick, WLL GmbH, El Corte Inglés,
Tendam, Gedepsa, ACIR Southern Europe, LEGS, PPHU JOLA-STYL,
Colorinvest, Arlen, and Textile Group.
The sides also came together to set up an Italian-Uzbek joint
brand, team up with European e-commerce platforms, and roll out
Uzbek trade centers within the EU. Important talks also went over
logistics, warehousing, certification, and quality control
processes for exported products.
To note, from January to September 2024, Uzbekistan produced
textile products valued at 62.6 trillion soums ($4.9 billion). The
figure has risen by 26.7 percent year-on-year, amounting to 49.4
trillion soums, or $3.8 billion, for the period of January to
September 2023.
The slice of the pie that manufactured textile products took up
in the manufacturing industry was a mere 1.8 percent.
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