Uzbekistan and Turkey are planning to create a wholesale trade centre for textile products and knitted garments.The center will be inspired by similar centers created in Turkey and Europe.

The two countries have signed deals on transport, energy, and tourism. Joint ventures between the companies of the two nations for manufacturing finished textiles, hosiery, knitwear and sewing products, curtains and more could also be on the cards.

Trade between the two countries rose by 30 per cent in 2017. Uzbekistan exported textile products like cotton yarn, carpets, knitted fabrics and goods, sewing goods and more worth 109.5 million dollars to Turkey in the same year. The figure has already reached 40 million dollars for these products in the first quarter 2018.

Turkey is Uzbekistan’s third highest export destination (after Switzerland and China, and tied with Kazakhstan); on the import side Turkey ranks in the top five (after China, Russia, South Korea and Kazakhstan).

Turkish businessmen plan to invest in Uzbekistan.

Turkey was the first country to officially recognize the independence of Uzbekistan after the collapse of the Soviet Union in 1991.

Uzbekistan is ready to expand the supply of light, chemical, metallurgical, machine-building, electrical engineering, leather, footwear and agricultural products to the Turkish market.