OPENS EIGHTH INTERNATIONAL Cotton and Textile Fair
October 17 in Tashkent, the eighth International Uzbek Cotton and Textile Fair. Within two days, the participants will discuss the forecasts and trends of the world cotton market, opportunities for investment in the textile industry of Uzbekistan will take part in the fair and exchange trading, and conclude direct trade contracts for the supply of cotton fiber and textile products.
Opening the cotton forum, Prime Minister of the Republic of Uzbekistan Shavkat Mirziyayev noted that the event, which was initiated by President Islam Karimov, who serves as a stimulus for the development of fruitful cooperation between the countries and organizations involved in the production, processing and marketing of cotton and textile products.
#39;Over the years, this unique business authoritative mechanism has gained worldwide recognition, have proved their, becoming one of the most important events in the calendar of world cotton textile industry - said Mirziyoev. - Annual Tashkent forum gathers on its site more foreign and Uzbek leaders, respected experts cotton industry and the industry `.
`It is symbolic that today, more than 1,000 managers and specialists from international organizations and leading companies from 38 countries gathered in the ancient land of Uzbekistan - the state, the birthplace of the tradition of cultivation of crops and the use of cotton and silk`, - said the prime minister.
`Today Uzbekistan is one of the fastest growing countries in the world. Developed by the President of the Republic of Uzbekistan and implemented from the first days of independence model of reform and modernization of the country and the formation of civil society has provided for a short period of time to build a strong foundation of stable development of the economy, has allowed reliably withstand the negative effects of the global financial and economic crisis, to achieve among the few countries in the world for sustained rapid economic and social development.
Over the past six years the gross domestic product growing at an annual rate of not less than 8.2%. Compared with 2000, GDP grew by 2.9 times, industrial production - by 2.6 times, the volume of investment in the economy increased by 3.4 times, while the volume of foreign direct investment has grown more than 20 times. Ensures a constant surplus of current account balance remains low total external debt at the level of 10-12% of GDP.
Virtually zero internal debt supported enough hard currency reserves `- said Shaukat Mirziyoev.
Speaking about the development of the cotton and textile industry, the Prime Minister noted that in Uzbekistan for a short period of time undergone an extensive reforms aimed at creating in accordance with the highest international scale complex advanced processing and marketing of cotton.
`We are actively engaged in breeding and development of new promising varieties of cotton. Constantly improve the harvesting and processing of cotton fiber is one of the factors improving its quality to the highest levels. Uzbekistan has introduced the most advanced system of certification of cotton fiber, a modern infrastructure network zone terminals equipped with the latest technology to ensure compliance with the conditions for storage and shipment of the product `- said Mirziyoev.
The current policy of Uzbekistan in the field of cotton, according to the prime minister, characterized by the persistence of stable production and further improvement of the quality and technical characteristics of the resulting fiber. `Formed legislative and legal system, favorable climate, a stable source of raw materials, low cost energy, highly qualified become a solid basis for joint commissioning with the foreign partners of the new textile complexes, which provide a steady growth of domestic processing of cotton`.
In Uzbekistan, currently employs more than 280 enterprises of light industry with crushing capacity of over 400,000 tons of cotton fiber. Since the beginning of this year was up 17 new businesses. The total amount of foreign investment in the development of the textile industry of the country amounted to about $ 2 billion, including $ 100 million - this year alone.
It is possible to organize the production of high quality finished products, including yarns, fabrics, garments, knitwear, silk products, enjoying steady demand in the world market, the Prime Minister said.
`We expect annual growth of textile production by 20%, export - by 10%. The next three years will bring the processing of cotton in its own facilities textile industry of Uzbekistan to 70% #39;, - he said.
Along with the increase in the deep processing of cotton Uzbekistan pays special attention to the geographical expansion of exports, especially in those countries where the textile enterprises steadily increasing demand for high quality Uzbek cotton fiber, said Shaukat Mirziyoev.
Managing Director of the international news agency Cotton Outlook Ray Butler in cotton forum, made a presentation on the forecast of the world cotton market. Managing Director of the International Cotton Advisory Committee said Terry Townsend on International Trade in natural and synthetic fibers. In addition, a presentation on the topics of production and the competitive advantages of Uzbek cotton, structural changes in world trade in cotton and other issues.
Currently, Uzbekistan is grown by an average of 3.5 million tons of cotton a year, which makes it possible to receive 1.1 million tons of cotton and 1.7 million tons of cotton seeds. The Republic of Uzbekistan is the sixth in the world in production of cotton and the third - largest exporter.
During the years of independence of the Republic breeders were put 162 varieties of cotton, 45 of which were included in the state register of Uzbekistan and recommended for planting in various areas of the country.
