back to top
Sunday, May 19, 2024
15 C
Tashkent

Macroregional Context

PARTNER'S ADVERTISINGspot_img

LATEST MARKET STUDY

spot_img

Cotton Campaign declared the end of the boycott of Uzbek cotton

The international coalition Cotton Campaign declared the cancellation of the global boycott of Uzbek cotton. An official statement about this was made on March 10 in Tashkent at a joint briefing at the Ministry of Employment and Labor Relations of the Republic of Uzbekistan.

“We commend President Shavkat Mirziyoyev’s leadership in initiating and implementing the historic reforms needed to end state-imposed forced labor and reform Uzbekistan’s cotton sector,” said Bennett Freeman, co-founder of the Cotton Campaign.

Earlier, a group of 331 international brands and retailers announced a boycott of cotton products from Uzbekistan due to the systematic use of child and forced labor in the collection of raw cotton. Since 2017, the government of Uzbekistan has entered into dialogue with the coalition to end the cotton boycott.

Freeman noted that the reforms carried out to ensure rights and freedoms and the significant improvements achieved by Uzbekistan in recent years were the basis for lifting the boycott. “Now this will allow the leading enterprises of the world textile industry to enter the Uzbek market, will help create millions of new jobs in the country, introduce international standards, increase exports and further develop international cooperation,” Freeman explained.

Related Articles

Foreign Internet companies have paid more than $4 million in taxes in Uzbekistan since the beginning of 2022

Foreign Internet companies paid 44.8 billion soums (over $4 million) in taxes in Uzbekistan. This is twice as much as last year, the State...

Relocation of international brands from Russia to Kazakhstan continues

Kazakhstan sent relocation proposals to 362 foreign companies that left the Russian market amid international sanctions. Some of them agreed, and 21 have already...

Turkish holding to create 15,000 jobs for textile workers in Uzbekistan

Akcha Holding from Turkey announced its readiness to invest in a textile enterprise in the Namangan region of Uzbekistan. This is the result of...