Tashkent, Uzbekistan (UzDaily.com) -- As part of the 5th International Textile Week, the capital hosted the Tashkent Textile Summit on the theme "New balance in the global textile market - new players and trends."

During the event, the initial results of the year were summed up regarding the ongoing reforms in Uzbekistan and implemented projects, including important events that took place in the textile industry of our republic.

Chairwoman of the Senate of the Oliy Majlis of the Republic of Uzbekistan Tanzila Narbaeva, who took part in the summit as an honored guest, opening the event with an introductory speech, noted: “In our recent history, Uzbekistan has been one of the largest suppliers of raw cotton in the world, but our annual income from exports was only about 1 billion dollars.

Today, as a result of large-scale reforms carried out in this area, Uzbekistan is becoming a recognized participant in the world market. So, in 2021, our country managed to export finished textile products worth US$3 billion.

And this is especially important for ensuring the stability of our economy and creating new jobs for our citizens.”

The textile summit was held with the direct participation and support of leading international organizations such as the International Textile Manufacturers Federation (ITMF), the United Nations Economic Council (UNECE), the International Trade Center and the German International Cooperation Agency (GIZ).

The summit was attended by over 300 well-known world brands and retailers, heads of textile companies and associations from the EU and the USA, Asia and Africa, as well as the CIS countries.

It was emphasized that the summit is of particular practical importance due to its focus on the development of the textile industry in our country, ensuring a sustainable supply chain for textile products, expanding the geography of exports of domestic products, concluding new contracts with partners, as well as implementing new innovative projects.