Baku, Azerbaijan, June 14
Trend:
Uzbekistan together with the Chinese companies Jinsheng Group, Nanyang M&F Industrial Co Ltd, Shanghai Marjan Industrial Co Ltd and others is implementing a number of projects in the textile industry for the total amount more than $130 million, Trend reports with reference to podrobno.uz.
This became known during the forum in Tashkent regarding the potential of trade, economic and investment cooperation between Uzbekistan and China, where the latter was represented by the Subcommittee of the city of Xi'an of the Committee for the Promotion of International Trade of China, Huahe International, Alvatex Ltd.
Following the results of last year, the export of Uzbek textile products to China amounted to more than $297 million, and as of the first quarter of this year - $143 million.
The event also hosted a meeting in the B2B format, during which the prospects for further development of Uzbek-Chinese trade and economic cooperation were discussed.
The participants of the event noted that the countries have a huge potential for the further development of trade and economic cooperation, and this event will serve as an additional incentive for the start of activities of Chinese investors in Uzbekistan.