An agreement has been inked between the Uzbek Ministry of Investments and Foreign Trade and DP World to develop the country’s trade networks and to enhance international trade. Increased trade and digital infrastructure development will be a result of this partnership between the corporation and the government of Uzbekistan. Uzbekistan’s trade networks will be strengthened…
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Uzbekistan has issued a presidential directive on steps to encourage textile, garment, and knitwear firms to deep process their products, make finished goods with high added value, and export those finished goods. A decree laid the groundwork for the creation of the Textile Industry Support Fund. The order stipulates that a number of actions must…
After Uzbekistan gained its independence, many of the country’s customs and traditions, which had been observed during the Soviet era but were neither outlawed nor looked down upon, began to be celebrated with a greater level of fervor, both in formal life and among the general public. The historical process that occurred during the Turkestan…
Mukhsinkhoja Abdurakhmonov, the Ambassador of Uzbekistan to Japan, recently met with Makoto Nishizako, vice president of the latter’s YKK Corporation, to brief him on the investment potential and export opportunities in his country’s textile industry. Nishizako was curious about the production capacities of Uzbekistan’s textile enterprises. He was also curious about the import of zippers…
Bangladesh is the second-largest exporter of ready-to-wear clothing in the world, earning more than $35 billion in annual revenue. Even though cotton is a major raw material for the clothing sector, the country must pay $5 billion in import bills yearly because of its strong import dependence on the commodity. Since the introduction of pest-resistant…