NEWS AND EVENTS
October 25, 2012
The results of VIII International Uzbek cotton and textile fair
Uzbek cotton and textiles are one of the best in the world. This was once again confirmed by the VIII International Uzbek cotton and textile fair, organized on the initiative of the President Islam Karimov. Under its results in the capital, domestic and international companies signed a number of contracts and agreements.
In particular, representatives of many companies signed contracts for the supply of 670 thousand tons of Uzbek cotton and the export of textile products from our country on total amount of $600 million. In total, in the framework of the VIII International Uzbek cotton and textile fair 12 foreign and 6 of the domestic companies concluded more than 150 contracts.
During two days of the International Uzbek cotton and textile fair conducted, organizers provided a series of activities aimed at familiarizing the international representatives of the cotton industry, textile companies and trading agents with investment potential of the cotton industry of Uzbekistan, expansion of partner relations.
Experts and specialists in the sphere of cotton and textile industry presented reports on topics such as: \"Forecast of cotton world market \", \"Long-term forecast of demand and international trade of natural and synthetic fibers\", \"Uzbek cotton: production, consumption and competitive advantages\", \"Structural changes in the world cotton trade\", \"Development of the textile industry of Bangladesh and the role of Uzbek cotton\", \"Investment potential of the textile industry of Uzbekistan\" and others.
There was demonstration of fashion by Design center under the SJSC \"Uzbekyengilsanoat\", observation of stands with samples of Uzbek cotton and the exhibition of textile products, and also there were presentations of the investment potential and projects of the textile industry of the regions of the Republic.
In addition, the fair participants familiarized with the activity of the cotton-ginning plant \"Uzbekistan\", cotton terminal \"Toshkent - tola\" and textile enterprises of FE \"Riether Uzbekistan\", FE \"BF Textile\", FE \"Uztex Tashkent\".
There is no doubt that the International Uzbek cotton and textile fair plays an important role in the development of the world cotton industry. It not only provides ample opportunities for purchasing world-famous Uzbek cotton fiber, establishing and developing partner relations, but also contributes to the consistent and dynamic development of both cotton production and the textile industry. (Source: UzReport.com)