Tashkent, Uzbekistan (UzDaily.com) -- On 24 March, within the framework of the Tashkent International Investment Forum, the Chairman of the Uztekstilprom Association held talks with the Head of the Regional Division of the International Financial Corporation for Production, Agribusiness and Services Ashraf Megahed.

During the talks, the parties noted the colossal results of the ongoing reforms in the country, including economic ones.

The implementation of a successful cotton cluster system, its support from the state, including financial support, ensuring the complete processing of cotton fiber, and the creation of modern facilities for its further processing made it possible to turn the textile industry into a driver of the country’s economy.

It was noted that the assignment of GSP+ status to Uzbekistan and the lifting of the “boycott” on Uzbek cotton further increased the investment attractiveness of the industry and opened up great opportunities.