Recently, the Ministry of Investments and Foreign Trade held a meeting with representatives of the directorate of social stability of the Spanish company Inditex.

During the meeting, the parties discussed the reforms carried out in recent years in Uzbekistan in the field of the textile industry, including the introduction of a new “cluster” approach to the cultivation and processing of cotton, the elimination of child and forced labor in the collection and cultivation of cotton, systemic state support for enterprises in the industry, producing eco-friendly clothes, Uzbekistan obtaining the status of a beneficiary country of the EU Generalized System of Preferences GSP+, as well as lifting the global boycott of Uzbek cotton by the international coalition Cotton Campaign.

In addition, effective measures to support business in the country, opportunities for entrepreneurial growth and prospects for increasing the company's investment portfolio in Uzbekistan were comprehensively considered.

During the meeting, representatives of Inditex were informed about the opportunities for increasing the involvement of Uzbek textile producers in global production and supply chains, the potential of textile companies operating in Uzbekistan and cotton textile clusters, implemented measures to improve the working conditions of industry workers, reduce the impact of production processes on the environment and consumers.

The meeting participants substantively discussed the prospects for establishing the company’s activities in Uzbekistan, bearing in mind, among other things, the implementation of joint projects. Further steps are planned to study the industrial potential of the textile industry, assess the market capacity and work out other aspects of practical cooperation.