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Textile Forum underscores Uzbekisan’s commitment to enhance role in the global industry

  

Hosted on Sep 13, 2024 by Uzbekistan, the inaugural Global Textile Dialogue Forum underscored Uzbekistan’s commitment to elevate its role in the global textile industry.

The forum reinforced Uzbekistan’s dedication to enhancing its position in the global textile market through strategic partnerships, sustainable practices, and continuous innovation. Gathering textile associations from approximately 20 countries, along with diplomatic representatives and over 150 local entrepreneurs, the event demonstrated Uzbekistan’s emerging role on the global textile stage.

Attendees at the forum engaged in discussions on critical industry topics, including value creation in supply chain, the impact of artificial intelligence, production digitisation, challenges and opportunities within the textile sector.

The forum focused on the GIZ funded Social & Labour Convergence Program (SLCP) pilot project that aims to improve working conditions across global supply chains while supporting the sustainable development of Uzbekistan’s textile and garment industries. To be implemented at selected enterprises, this pilot project will benefit from the expertise of two social compliance specialists and will be verified by an SLCP-approved organization. This marks a key step in positioning Uzbekistan as a reliable and responsible sourcing hub.

The GTD forum also highlighted the substantial benefits available to local entrepreneurs, driven by strong government support. Tax incentives and simplified regulations have created a favourable environment for the growth of the textile sector. Additionally, the development of specialised industrial zones with tailored infrastructure and services was identified as a critical factor in attracting investment.

The event further explored opportunities for expanding international trade. During his presentation, Mohammad Monirul Islam, Ambassador of Bangladesh to Uzbekistan, highlighted the potential for enhanced cooperation, leveraging historical ties and geographic advantages. Future collaborations are expected to extend beyond cotton yarn trade to include employment opportunities, knowledge exchange, and advancements in education and scientific fields.

 
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