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Uzbekistan and Bangladesh to Develop Cooperation in Textile Industry
Tashkent, Uzbekistan (UzDaily.uz) — Uzbekistan and Bangladesh have signed a new agreement on the development of the textile industry.The agreement reached between representatives of the textile industries of both countries covers several areas of cooperation.
In particular, the parties intend to strengthen economic cooperation and promote mutual investments, creating new business opportunities.
As part of the agreement, it is planned to rotate specialists to exchange knowledge and experience.
Uzbekistan and Bangladesh will jointly develop cooperation projects for the production of products. Some of these products will be sold on the Bangladesh market, and the rest will be exported to third countries.
The parties are also considering the possibility of opening warehouses in Bangladesh to optimize logistics and reduce costs.
Cooperation between the textile industry associations of the two countries will be further strengthened.