The fair, included into the list of the most significant events of the International cotton advisory committee, is one the prestigious forums, determining the policy of cotton market in a world scale.
Traditionally held at the initiative of the First President Islam Karimov since 2005, the fair is organized by the Uzpakhtasanoat holding company, Uzbekyengilsanoat JSC, Ministry of foreign economic relations, investments and trade, Ministry of agriculture and water management of the Republic of Uzbekistan, Commodities exchange and Sifat centre.
A regular cooperation with the International cotton association, International cotton advisory committee, Cotton outlook international news agency and International textile manufacturers federation.
The deman for Uzbek cotton has been raising at external markets. The annual increase of the number of participants demonstrate the trend. . If in 2005, the fair was attended by 170 representatives of industrial and trading companies of some 30 countries, in 2010 over 300 representatives fr om more 34 countries attended the fair. This year’s fair hosts representatives from over 40 countries.
Chairman of the board of the Uzpakhtasanoat holding company, chairman of the Uzbekyengilsanoat JSC I.Khaydarov and others underlined that Uzbekistan is one of the leading countries in the world cotton market, being 6th largest producer of cotton, 5th biggest exporter. As the competition in world markets is strengthening, it is necessary to increase competitiveness of the Uzbek cotton as well.
Chief editor of the Cotton Outlook agency R.Butler particularly noted that, Uzbek cotton fiber fully meets international standards. Andrey Gitchuns, a managing director of the International cotton advisory committee, uniting 42 countries, underscored that thanks to the steadily implemented reforms Uzbeistan has become one of the main players in the world cotton market.
The fair participants had a chance to be informed about the strategy of further development of Uzbekistan’s cotton industry, providing for the creation of new promising varieties, modernization of agro-technical measures, and all the processes associated with the production – from growing to harvesting, storage and transportation of cotton fiber.
Main events of the fair are held at the special pavilion of Uzexpocentre, wh ere participants can get acquainted with samples of 650 products of cotton plants in our country.
This year, unlike previous years, in the framework of the fair, it is scheduled to conduct three breakout sessions on such topics as “Development of the cotton industry and increasing the competitiveness of Uzbek cotton fiber on the world market”, “Improving the competitiveness of the textile industry is an important factor in increasing export opportunities”, “Scientific and technological innovations in the cotton and textile industries”.
During the two-day forum and round tables, the participants of the event, along with the discussion of the current state and prospects of the world market of cotton fiber, have an opportunity to get acquainted with the conditions available for attracting foreign investments to the textile industry of Uzbekistan, to participate in exchange trades, as well as to conclude direct trade agreements for the purchase and sale of high-quality Uzbek cotton fiber and competitive textile products.
At the exhibition halls of “Uzexpocenter”, the representatives of foreign commercial and industrial companies, specialists and international experts will be able to see samples of cotton fiber, use the services of the service center, hold preliminaries and conclude contracts and agreements.
Deputy Prime Minister of the Republic of Uzbekistan U.Rozukulov spoke at the opening of the XII International Uzbek cotton and textile fair.