Israel keen to invest in textiles in Uruguay

Israel has shown keen interest in investing in Uruguayan textile sector following a visit by a delegation led by the government of Uruguay and the Chamber of Information Technology (CUTI) to Isreal recently. According to a statement issued of Roberto Kreimerman, minister of of industry, energy and mining, Uruguay, the visit to Israel was initiated to generate concrete investment projects and for Uruguayan businessmen to analyze various sectors in Israel, including textiles.

As a result of the visit, many Israeli businessmen have are keen to invest in Uruguay and have recommended setting up joint ventures for various new projects initiated in different sectors of the Uruguay, including textiles.

The Minister also informed that Uruguay exports US$170 million worth of goods to Israel annually, including textile and apparel goods, and these investments would result in further expansion of trade between the two countries.

The delegation from Uruguay visited various business and industrial centers in Israel as well as textile factories, in order to understand the process of manufacturing in Israel.

Recent Posts

Nilit, Samsara Eco launch collection with enzymatically recycled nylon

Nilit and Samsara Eco have unveiled the Full Circle collection, showcasing the potential of enzymatically recycled nylon 6.6 for high-performance…

14 hours ago

Patrick McDowell creates apparel using Shiringa io-leather

Patrick McDowell has expanded his commitment to sustainable fashion through a new collaboration with bio-based materials nonprofit Collective Fashion Justice.

14 hours ago

Leesa introduces plant-based GreenFlex foam

Leesa Sleep has introduced its newly developed GreenFlex foam, marking a significant step in reducing the company's reliance on fossil…

14 hours ago

Biella Yarn launches collection combining yarns with human senses

Biella Yarn, the flat knitting brand of Suedwolle Group, has unveiled its Fall/Winter 2027/2028 collection, New Romance, at Pitti Filati…

4 days ago

DuPont launches Tyvek APX protective fabric

DuPont has introduced its latest Tyvek APX protective fabric to the ASEAN market during the Thailand Safe@Work 2026 exhibition, held…

4 days ago

PRGMEA joins ATTI to accelerate industry decarbonization

The Pakistan Readymade Garment Manufacturers and Exporters Association (PRGMEA), has joined the Apparel & Textile Transformation Initiative (ATTI).

4 days ago