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Economy 27/04/2023 INNOPROM. Central Asia: leather and footwear companies sign trade contracts worth US$7 million
INNOPROM. Central Asia: leather and footwear companies sign trade contracts worth US$7 million

Tashkent, Uzbekistan (UzDaily.com) -- Member enterprises of the Uzcharmsanoat association took part in the Innoprom. Central Asia exhibition with a collective stand. The exposition, which included finished leather, footwear, furs, astrakhan fur and localized products, aroused great interest among exhibitors from such countries as Russia, Kazakhstan, Belarus.

During the three-day exhibition, the leadership of the Uzcharmsanoat Association and entrepreneurs held a series of negotiations. In particular, the Russian company Tekhnomet made a proposal to purchase men’s, children’s and women’s shoes from our country. An exchange of views on a number of export-import issues took place with the company, which plans to obtain distribution powers for the supply of Uzbek footwear products to the Russian market.

The Belarusian company "MEDBELROS" held negotiations with Uzbek enterprises on the implementation of a new investment project for the production of orthopedic shoes.

The Department of Entrepreneurship and Industrial and Innovative Development of the South Kazakhstan region plans to purchase ready-made woolen and fur products from our country. Also, due to the rather large unused raw material base of wool in the South Kazakhstan region, an agreement was reached to open a new joint venture in this region in cooperation with Uzbekistan.

The Association of Light Industry Enterprises of the Republic of Kazakhstan also plans to purchase finished footwear products from Uzbekistan. In this regard, negotiations were held with our domestic enterprises.

During the three working days of the exhibition, trade agreements were concluded for a total of US$7 million for the supply of shoes and leather from Uzbekistan for the period 2023-2025. In addition, investment agreements worth US$16.5 million were signed with Russian companies, US$13.5 million, of which is Russian capital. 

In particular, together with the Russian company Technolux, a new enterprise with an annual capacity of 120,000 pairs of children’s shoes will be launched in Tashkent region. Also in Andijan region, a decision was made to implement a joint project with the Russian company Mosez INC to produce 50,000 pairs of shoe uppers per year.

The International Industrial Exhibition once again served as an effective business platform for establishing mutually beneficial cooperation and concluding export contracts.

 

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