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Finance 03/02/2010 Eurasia participates in reinsurance of Uzbek textile firms’ risks
Eurasia participates in reinsurance of Uzbek textile firms’ risks
Tashkent, Uzbekistan (UzDaily.com) -- Eurasia insurance company (Kazakhstan) is participating in reinsurance of famous textile enterprises, located in Uzbekistan - Daewoo Textile Fergana LLC & Daewoo Textile Bukhara LLC, the insurer said in a statement.

Daewoo International (South Korea) invested into textile industry of Uzbekistan along with other industries and founded Daewoo Textile Fergana LLC & Daewoo Textile Bukhara LLC.

The insurer said partnership of one of the largest cotton producers, Uzbekistan, and one of the leaders in high technologies, Daewoo International, is successful. The textile enterprises produce high quality yarn and fabrics, which helps Uzbekistan to improve export potential and increase its share in world textile market.

The company said Eurasia covers property risks of Daewoo Textile enterprises, which are equipped with modern equipments worth US$240 million.

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