Uzbekistan will cancel mandatory export of textiles

According to local media reports in Uzbekistan, according to the Presidential Decree of Uzbekistan “Forecast of Main Macroeconomic Indicators and National Budget Parameters of Uzbekistan in 2015”, starting from 2015, the Uzbekistan State Light Industry Company has canceled 80% of the textiles produced by its affiliated enterprises that must be exported. Regulation. The implementation of the new measures is related to the decline in demand for textile finished products in the international market (mainly the CIS market). The introduction of the new measures can expand the supply of Uzbek textiles to the Uzbek domestic market.
According to RIA Novosti, at the meeting of the Uzbekistan-Russia Intergovernmental Economic Cooperation Committee held in Tashkent at the end of November this year, the two governments decided to hold consultations on resuming the purchase of Uzbek textiles through state procurement in the first half of 2015 and formulate relevant measures. .