Economy

Uzbekistan and Iran Sign Silk Industry Cooperation Agreement

Uzbekistan and Iran Sign Silk Industry Cooperation Agreement
Uzbekistan and Iran Sign Silk Industry Cooperation Agreement / Photo: "Uzbekipaksanoat" Association.

Tashkent, Uzbekistan (UzDaily.uz) — Uzbekistan's Uzbekipaksanoat Association and representatives of Iran's business community have signed a memorandum of cooperation aimed at developing partnerships in the silk industry.

The agreement followed negotiations focused on expanding exports of Uzbek silk products to Iran, arranging raw material supplies and strengthening trade and economic ties between businesses in the two countries.

The Uzbek delegation included Rashid Abdullayev, Chairman of the Uzbekipaksanoat Association; Miryashin Sagatov, First Deputy Chairman of the Board; and Hakimjon Otakhonov, Deputy Chairman of the Association.

The Iranian delegation included Abolfazl Rajabian, First Vice President of the Qom Chamber of Commerce and Industry and a board member of the Qom Handmade Carpet Exporters Association, along with the association's President Javad Kazemi, Vahid Keramatian and Ali Ashari Fard.

The Iranian business representatives visited Uzbekistan to assess the country's silk production potential, examine product quality and explore opportunities to import Uzbek silk.

One of the main topics discussed was the potential use of Uzbek silk raw materials in the production of handmade carpets in the Iranian city of Qom.

The parties also considered ways to establish direct contacts between manufacturers and exporters, organize mutually beneficial supply arrangements and increase bilateral trade volumes.

The discussions highlighted opportunities for cooperation between Uzbekistan's silk producers and Iranian businesses involved in handmade carpet manufacturing.

The meeting concluded with the signing of a memorandum of cooperation, formalizing the parties' intention to develop their partnership in the silk industry.

Anvar Umarov
Anvar Umarov

Anvar Umarov is the founder and editor-in-chief of UzDaily, a leading business and news publication covering Uzbekistan and Central Asia. With over 20 years of experience in journalism, he has also worked as a PR manager for both state and private organizations, bringing a broad perspective on media, communications, and public affairs to his editorial leadership.