Uzbekistan to set up trade house for its textile products in Madrid

The agreements were arrived at when an Uzbek business delegation, which included representatives from the ministry of investments, industry and trade and representatives from textile companies, held a series of meetings with major Spanish firms in Madrid.

The delegation discussed with Alejandro Pastrana, chief executive officer of Gedepsa, promoting Uzbek products in the Spanish market.

In negotiations with international consultant Albert Hernandez, strategies for promoting Uzbek products, logistics and distribution issues were addressed. The consultant agreed to assist in establishing contacts with Spanish fashion companies and organising Uzbek producers' participation in Spanish tenders, an Uzbek media outlet reported.

Discussions with the global procurement departments of El Corte Ingles and Tendam explored opportunities for placing Uzbek textile products in retail chains.

Spanish companies showed readiness to participate in international textile exhibitions scheduled to be held in Uzbekistan in Fall 2024.

Fibre2Fashion News Desk (DS)