Uzbekistan signs contracts for export of textile products worth US$1bn

In particular, the contracts were concluded with representatives of companies from Russia, Turkey, South Korea, Singapore, Moldova and other countries.

The 13th International Uzbek Cotton and Textile Fair was held in Tashkent on 23-24 October 2017. More than 1,500 specialists, who participated in the fair from different countries, received an opportunity to get acquainted with the work in this direction, defined acceptable standards for them.

Last year, during the fair, Uzbekistan signed contracts for sale of textile products for over US$1.32 billion and 550,000 tonnes of cotton fiber.

Uzbekistan adopted a programme of measures for further development of textile and clothing and knitted industries for 2017-2019. The program envisages implementation of more than 130 investment projects worth US$2.2 billion.

The enterprises of the textile industry of Uzbekistan exported products worth US$1.146 billion in 2016. It is expected that this figure in 2017 will reach US$1.3 billion.