Uzbekistan Made Many Initiatives To Promote The Development Of Textile Industry In 2020

Recently, the latest measures adopted by the Uzbekistan government on further development of cotton and textile production came into effect. In 2020, Uzbekistan will reform 14 cotton textile clusters in the remote areas of the countries such as the Andijon, the state, the state of the state, the state of the river, the state of the river and the state of the flower, and will increase the cotton planting area of 18 cotton textile clusters in 8 states. In addition, the government of Uzbekistan will allocate irrigation land for all cotton producers.

Prior to this, Uzbekistan President Mir Ziyoev has made it clear that from 2020, Uzbekistan will stop the export of cotton.

These measures have demonstrated to the outside world that Ukraine is determined to transform and upgrade from a traditional cotton producing country to a strong textile country. There are two main reasons for the Ukrainian government's active pursuit of transformation: first, attaching importance to the higher added value of textiles; two, seeing the great potential of the textile industry itself. As a traditional cotton growing country, it is known as the "platinum country" in Central Asia, and is one of the major cotton producers and exporters in the world. The development of textile industry not only can give full play to the cost advantages of raw materials for cotton production, but also can rapidly upgrade and promote local industries and promote economic development in all parts of the country through the combination of advanced technology and capital with foreign countries.

In order to speed up the development of textile industry, Uzbekistan has been creating important opportunities for itself in recent two years. At the end of cotton planting, the country is vigorously promoting cotton cultivation to improve quality and efficiency. On the one hand, we should reduce the non suitable cotton land, so that cotton planting will continue to be concentrated in suitable areas, and the scale and efficiency of cotton planting will be increased. On the other hand, we should tighten up the reservoir and other measures to ensure that cotton is fully irrigated in the growth process to enhance cotton yield and quality. At the end of processing and production, the government's supporting policies continue to provide better guarantee for the development of textile enterprises, and at the same time, it also rapidly promotes the attraction of foreign capital in this field. According to data from Ukrainian Textile Industry Association, multinational capital such as Turkey, Korea, China, Singapore and Switzerland are actively participating in the development of Ukrainian textile industry. At present, more than 150 foreign-funded textile enterprises are operating in Ukraine, of which 50 are purely foreign-funded enterprises.

In addition to the policy factors, Uzbekistan's unique location advantages in Central Asia hinterland and Eurasia traffic arteries are also highly valued by foreign investors. The Ukrainian government is very clear about this. Therefore, it is clearly stated that the regional representatives of the Ukrainian Textile Industry Association will be established in the process of developing international cooperation to radiate the CIS, European and Southeast Asian markets.