Mutually beneficial cooperation between Uzbekistan and Malaysia discussed
29/04/2021 21:50
Mutually beneficial cooperation between Uzbekistan and Malaysia discussed
29/04/2021 21:50
Tashkent, Uzbekistan (UzDaily.com) -- On 29 April 2021, the Uztekstilprom Association organized a video conference together with the Association of Textile Manufacturers of Malaysia (MTM) with the assistance of the Embassy of the Republic of Uzbekistan in Malaysia, in order to discuss potential trade cooperation, which will be equally fruitful for both parties.
Deputy Chairman B. Mukhammadsaidov and Director of the Agency for Marketing and Advertising of Textile Products A. Sadykov made a welcoming speech on behalf of the Uztekstilprom Association.
During the meeting B. Mukhammadsaidov presented a general overview of the textile industry in Uzbekistan. The Malaysian side showed interest in the investment and transport and communication potential of Uzbekistan, as well as on the ongoing economic reforms aimed at improving the business environment in the country, including within the framework of free economic zones.
Hasna Ahmad, Manager of MTMA, went on to briefly describe the structure of the Malaysian Association.
MTMA President Dato Sri Tan Tian Poh showed particular interest in the export potential of the Republic of Uzbekistan in cotton yarn and top quality finished products.
According to the President of MTMA, in the near future Malaysia is ready to establish mutually beneficial partnerships with Uzbek exporting enterprises, within the framework of which it is planned to organize a special visit to Uzbekistan to organize the export of high-quality products of the domestic textile industry to Malaysia. Also, imported products will be sold through the networks of large wholesale and retail trade networks in Malaysia, with which it is planned to establish close cooperation.
Following the meeting, both sides shared their contacts, which may allow them to continue their joint cooperation.
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