Tashkent, Uzbekistan (UzDaily.com) -- On 11-14 November, a delegation from the Korea Sewing Machine Manufacturers Association (KOSMIA), headed by President Park Boin, was in Uzbekistan.
On the first day of their stay on 11 November 2019, Uztekstilprom Association hosted a meeting with representatives of the Federation and President Park Boin.
During the negotiations, the foreign side was provided with information about the textile and sewing and knitting industry of Uzbekistan, the ongoing economic reforms in the country and the achievements of the industry.
The parties discussed the possibility of enhancing trade, economic and investment cooperation by establishing partnerships with domestic enterprises of the industry, introducing best practices and technologies of members of the Korean association, conducting trainings for specialists in the textile industry, etc.
In addition, for a more detailed study of the technological equipment of the enterprises, the Korean delegation visited textile enterprises - Uztex Chirchik, Betlis Tekstil, Full Cotton, Ariya Tex. The guests praised the installed equipment and gave their recommendations on improving the efficiency of sewing machines.
Based on the results of the visit, in order to expand bilateral cooperation, Uztekstilprom Association and the Korean Federation of Sewing Equipment Manufacturers (KOSMIA) signed a Memorandum of Understanding.
According to the agreements, an investment project will be implemented in Uzbekistan to attract products / technologies of KOSMIA members in the amount of US$1.4 million , with the implementation of the curriculum for graduates of the Tashkent Institute of Textile and Light Industry during 2020-2022.