OREANDA-NEWS.  October 28, 2014. The regular X International Uzbek Cotton and Textile Fair took place in Tashkent.  Representatives of PJSEB "Trustbank" also participated in the fair, providing qualified consulting services to all fair’s participants in relation to wide range of banking products and services.

Uzbekistan, as one of the most important participants in the international cotton market, provided an opportunity for the representatives of the cotton industry, textile companies and trading partners not only to meet at the "round table" and discuss forecasts and trends of the world cotton market and development of the textile industry of Uzbekistan, but also to participate in the fair and exchange trades, to sign direct trade contracts for the supply of cotton fiber and textile products.

In general, according to the results of the X International Uzbek Cotton and Textile Fair contracts were signed for the supply of 580 thousand tons of Uzbek cotton and exports of textile products for more than USD1 billion.

Thus, International Uzbek Cotton and Textile Fair has given a new impetus to the further development of market mechanisms for the implementation of the cotton fiber, the improvement of economic relations between the Uzbek producers and buyers and has become one of the most important and significant events of world cotton community in 2014.