24.04.20
On April 23, Uzbekistan’s leader Shavkat Mirziyoyev held a meeting on mitigating the impact of the epidemic on the textile and ensuring the stability of the industry. This was reported by Central Asia.News in the press service of the President
First of all, it was noted that there are 2000 enterprises operating in this industry in Uzbekistan, which makes it possible to provide employment for 365,000 people. In 2019, products worth $1.6 billion were delivered to foreign markets.
However, the state can increase exports to $15 billion, which will provide employment for more than 3 million people.
In this regard, Shavkat Mirziyoyev instructed to increase the production of finished products 4-5 times in 5 years, and produce products under popular brand names.
It is important to note that new factories and plants for the export of final products will be launched in Namangan, Samarkand and Tashkent regions in the near future. In short, 300 million dollars will be allocated for the implementation of these projects.
The Uzbek exporters have to pay 15 percent fees and huge transport costs in order to deliver Uzbek textile products made from "white gold" too the EU markets. In this regard, it is recommended to the relevant agencies to obtain the status of a beneficiary of the GSP+ system for duty-free trade in the European Union market.
