Economy

Uzbekistan, Indonesian textile companies to establish trade-investment cooperation

Uzbekistan, Indonesian textile companies to establish trade-investment cooperation
Uzbekistan, Indonesian textile companies to establish trade-investment cooperation

Tashkent, Uzbekistan (UzDaily.uz) -- A videoconference has been organized between representatives of Uzbekistan Textile and Garment Industry Association and Indonesia’s PT. Pan Brothers Tbk, Dunyo news agency reported. 

Participants were informed about the economic potential of Uzbekistan, in particular, trade-investment potential of the textile industry. 

The parties also discussed issues of establishing bilateral cooperation between Uzbekistan companies and PT. Pan Brothers Tbk in trade, investment and technology transfer.

Indonesian company was offered to organize joint production, create a textile cluster and conclude a franchise agreement with Uzbekistan manufacturers for production of goods of well-known brands with subsequent export of finished products to the countries of the region.

Following the event, the sides agreed to create a working group for implementation of joint projects on trade-investment cooperation in the textile industry.

 

Askar Yakubov
Askar Yakubov

Askar Yakubov is a professional photojournalist with extensive experience in news and reportage photography. He specializes in fast-paced coverage of social, political, cultural, international, business, and community events, with a sharp eye for capturing expressive shots and conveying the atmosphere of an event under tight time constraints. His skill set spans reportage, portrait, and documentary photography, along with image editing and color correction, and preparing photo materials for media and digital platforms. He is known for his professionalism, adherence to editorial standards, and ability to work both independently and as part of a shooting team.