China and Kazakhstan have immense potential to cooperate in textiles as only a third of the 250,000 tonnes of cotton produced annually by the latter is processed and the rest exported as raw material, according to Kazakh Invest National Company chairman Saparbek Tuyakbaev, who recently addressed leaders of around 30 Chinese textile companies visiting Astana.
The companies are members of the Chinese Union of Textile Industry and visited Astana to study investment opportunities. The meeting was organized with the support of Kazakh Invest, according to a press release on the official website of the prime minister of the country, www.primeminister.kz.China and Kazakhstan have immense potential to cooperate in textiles as only a third of the 250,000 tonnes of cotton produced annually by the latter is processed and the rest exported as raw material, according to Kazakh Invest National Company chairman Saparbek Tuyakbaev, who recently addressed leaders of around 30 Chinese textile companies visiting Astana.#
Moreover, special economic zone Ontustik is located in the border region with Uzbekistan, the largest cotton producer, which is an added benefit for Chinese companies, noted Tuyakbaev.
The meeting discussed cooperation in cotton production, raw material processing, apparel manufacturing and logistics. (DS)
Fibre2Fashion News Desk – India
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