Serdar Berdimuhamdov, President, Turkmenistan emphasized on the need to expand the variety and output of the textile industry during the latest meeting of the Cabinet of Ministers.

 Berdimuhamedov also underscored the significance of taking international best practices into account when improving the operations of the State Commodity and Raw Materials Exchange and the Chamber of Commerce and Industry. He issued related directives to Nokerguly Atagulyyev, Deputy Chairman,  Cabinet of Ministers.

According to Atagulyyev's report, the textile sector in the country grew by 14.2 per cent in  Q1, FY25. Production of cotton yarn increased by 42.9 per cent, fabric production grew by 50.9 per cent, production of sewn and knitted goods increased by 4.3 per cent, and leather product output rose by 40.4 per cent.

The State Commodity and Raw Materials Exchange conducted 72 trading sessions, registering 6,878 transactions during the reporting period. The output of the Chamber of Commerce and Industry increased by 2.1 per cent.

Represented by the Union of Industrialists and Entrepreneurs, industrial production grew by 4.3 per cent during the quarter.

The government meeting reviewed the results of the work carried out across the country during the first three months of the current year.