2 weeks Ago By [email protected] (MENAFN)
( MENAFN - Trend News Agency) TASHKENT, Uzbekistan, October 30. Uzbekistanand European companies have come to an agreement on shippingfinished textile products and fabrics over to Europe, Trend reports. The news follows a meeting between Uzbekistan's Ministry ofInvestment, Industry, and Europe's key industry players, such asTrade with Alba Tessile, T.
I.S., Ametlab, ItalTex, Sartoria LaTorre, 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 jointbrand, team up with European e-commerce platforms, and roll outUzbek trade centers within the EU. Important talks also went overlogistics, warehousing, certification, and quality controlprocesses for exported products. To note, from January to September 2024, Uzbekistan producedtextile products valued at 62.
6 trillion soums ($4.9 billion). Thefigure has risen by 26.
7 percent year-on-year, amounting to 49.4trillion soums, or $3.8 billion, for the period of January toSeptember 2023.
The slice of the pie that manufactured textile products took upin the manufacturing industry was a mere 1.8 percent. MENAFN30102024000187011040ID1108832627 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind.
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