The XII International Cotton and Textile Fair to take place on October 12-132 in the capital of Uzbekistan. Dagestan businessmen have been invited to participate in the event, the press service of the Ministry of Industry and Trade RD reports.

The fair organizers will hold thematic round tables, bilateral negotiations among the exporters and the interested buyers of Uzbek cotton and finished products. By the way, the Fair visitors will be allowed to take part in the trading session at Uzbek Republican Commodity Exchange.

Besides, the fair attendees are expected to discuss the problems and prospects of development of the world cotton market and to listen to reports delivering by the leading international experts in world cotton and textile industry.

According to the source, the event participants may conclude contracts for the supply of Uzbek cotton and textiles, to discuss the long-term trade cooperation with finished cotton products, as well as to get familiarized with the innovative technologies in the production of cotton products and to examine the coherence of trade logistics in the country.

On the initiative of the President of the Republic of Uzbekistan with a view to expand and diversify Uzbek cotton’s export destinations, to increase efficiency and optimize shipment of Uzbek cotton to the world market, the First International Uzbek Cotton Fair was organized and successfully conducted in 2005.

The event gained a well-deserved popularity in a number of significant events in world cotton and textile industry, annually attracting the participation of more than one thousand participants from 40 countries.

Nowadays, as one of the world’s largest producers and exporters of cotton, Uzbekistan is undoubtedly one of the leading participants in the world cotton market.

Following the established tradition, as well as considering wide experience of past years, it is planned to hold the regular XII International Uzbek Cotton and Textile Fair on 12-13 October 2016 in Tashkent.