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Latvian textile makers to enter CIS markets

As per Association of Textile Producers and Exporters of Azerbaijan, Latvia's textile manufacturers plan joint underwear production in Azerbaijan to boost export to CIS markets. The country does not plan to produce in CIS markets as that would be unprofitable for them because of existing customs duties and taxes for the European countries.

Azerbaijani textile products are in great demand abroad and "Made in Azerbaijan" brand is gaining popularity not only in Turkey, but also in the CIS and Baltic countries. Latvianian manufacturers are currently negotiating with the Association of Latvian Lingerie Manufacturers and the Russian Association of Textile Producers for the venture. Presently, Azerbaijan’s textile products are available in Latvia, Russia, Turkey, Ukraine, Belarus. The products produced at the Baku Textile Factory and Gilan Textile Park are available at these trade houses.

The Association of Textile Producers and Exporters was established to support the development of this sector in Azerbaijan. The initiative on the establishment of this association was put forward by entrepreneurs involved in the textile sector. In general, such associations serve to improve relations between the state and the private sector.