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Friday, April 26, 2024

Uzbekistan and Germany strengthen textile trade relations

Several agreements signed between Uzbekistan and Germany that will expand their bilateral cooperation and will help boost their exports of finished textile products to the European market.

The agreements were signed in the presence of Minister of foreign affairs of Republic of Uzbekistan and Plenipotentiary of the Federal Republic of Germany in Uzbekistan.

Both countries came to an agreement of $4 million in investments, three framework agreements and six export contracts amounted to a total of $6.5 million.

Currently, Hohenstein with Uzbekistan textile industry association are working to create scientific laboratories in Uzbekistan.

Memorandum of cooperation and its implementation roadmap were signed between the association and Hohenstein institute.

In the negotiations, issues regarding development of a program of technical assistance and the transfer of knowledge in the field of textile production, design, dyeing, finishing were discussed.

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