• KGS/USD = 0.01143 -0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.10833 0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 -0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.10833 0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 -0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.10833 0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 -0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.10833 0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 -0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.10833 0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 -0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.10833 0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 -0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.10833 0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 -0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.10833 0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
09 November 2025

Viewing results 1 - 6 of 5

Climbing the Value Chain: Uzbekistan’s Textile Transformation Through Chinese Investment

As relations between China and Uzbekistan deepen, cooperation is no longer confined to the traditional pillars of energy and infrastructure. The partnership has begun to branch into new and diverse areas, adding layers of complexity and opportunity to their bilateral ties. Emerging sectors such as pharmaceuticals and waste-to-energy are gaining traction, signaling a shift toward a more multidimensional relationship. At the same time, the textile industry has become an increasingly important bridge between the two countries, offering fresh avenues for collaboration. Recent agreements highlight this momentum. In the upstream segment of Uzbekistan’s textile sector, China Hi-Tech Holding has committed to a major investment in synthetic fiber and viscose yarn production. This move is particularly significant for Uzbekistan, as it reduces reliance on cotton and secures inputs essential for modern mixed-fabric production. Midstream, cooperation is expanding as well. An agreement between Uzbekistan and China’s Fong Group to develop dyeing and finishing facilities for mixed fabrics underscores the practical steps being taken to create a more integrated textile supply chain. These developments also reflect a broader trend of growing Chinese interest in Uzbekistan’s domestic market and its strategic location at the crossroads of the Middle East and Europe. With its young population and export potential, Uzbekistan is increasingly attractive to Chinese textile companies. The Red Dragonfly Group’s plan to establish a manufacturing base in Uzbekistan by 2026 is a clear example of how Chinese firms see the country not only as a production hub but as a gateway to wider regional markets. One of the main reasons Uzbekistan is emerging as a crucial destination for Chinese companies is the shifting incentive structure that encourages the relocation of manufacturing capacity abroad. Rising labor costs in China, particularly in the labor-intensive textile sector, are placing companies under pressure amid fierce domestic competition. In contrast, Uzbekistan offers an appealing alternative where the average monthly wage for a skilled worker is around 200-400 dollars, and energy costs are just 0.04 dollars per kilowatt-hour. Together, these factors significantly lower production costs and make the country highly attractive for firms seeking to maintain competitiveness. Equally important are Uzbekistan’s proactive regulatory policies, which create a favorable business climate for foreign investors. The government has relied heavily on Special Economic Zones and Small Industrial Zones and offers tiered incentive packages that reward higher commitments. Investors contributing between 3 and 5 million dollars receive three years of income tax holidays, while investments of 5 to 15 million dollars are rewarded with a five-year exemption. Those exceeding 15 million dollars benefit from an unprecedented ten-year tax holiday. Moreover, starting in September 2025, the social tax rate for textile companies and clusters will be cut to 1% for three years. At the same time, imports of blended fabrics and raw materials for the leather and sericulture industries will be exempt from customs duties. These measures provide Chinese companies with tangible cost advantages that rival opportunities in Southeast Asia. Another powerful driver is geopolitics. Growing trade tensions between China and the West, particularly the...

Tajikistan Pursues Cotton Reform with EU Backing

The European Union’s support for green transitions presents a real opportunity for Tajikistan to achieve sustainable agricultural development, particularly in the cotton industry, according to Mizrob Amirbekov, an agricultural development expert. Amirbekov highlighted this potential, underscoring the importance of international assistance in modernizing the sector, addressing environmental and social challenges, and establishing a fair and transparent production system. Rising Demand, Persistent Problems As global demand for environmentally friendly textiles grows, Tajikistan has a unique chance to establish a sustainable model for cotton production, Amirbekov explained. Increased interest in natural fabrics, driven by both demographic growth and technological advancements, is pushing the industry toward transformation. However, this economic potential is clouded by persistent challenges, including environmental stress, social risks such as forced labor, and a lack of transparency across the supply chain. The global cotton sector has long faced scrutiny over high water consumption, widespread pesticide use, and unethical labor practices. In response, consumers and international regulators are increasingly pressing for a shift to more sustainable production methods. EU Investment and National Reform Tajikistan has begun responding to these challenges. In 2024, it approved the National Strategy for the Development of the Cotton and Textile Industry through 2040, prioritizing modernization, cost reduction, and the expansion of high-value-added production chains. The European Union is playing a central role in this transformation, having allocated a €19.88 million grant to support the sector’s green transition. The funds aim to advance digital technologies, assist small and medium-sized enterprises, and help the industry adapt to climate change impacts, from droughts to rising temperatures. “This is not merely financial aid, it’s an opportunity to build a truly sustainable cotton production system,” said Amirbekov. “Farmers and buyers need to understand the principles of sustainability and how agriculture can become a driver of the green economy.” Ongoing Social and Environmental Challenges Despite signs of progress, Amirbekov noted that significant problems persist. Farmers report that forced labor continues in some areas, with schoolchildren and unrelated government employees involved in cotton harvesting, practices that violate Tajikistan’s international commitments and damage the credibility of its organic cotton sector. Environmental impacts are equally severe. Producing a single T-shirt can consume up to 2,700 liters of water, and nearly a kilogram of pesticides may be used per hectare. Amirbekov stressed the need to adopt certified standards such as the Global Organic Textile Standard (GOTS), to promote sustainable cotton varieties, and to implement precision farming. “Climate change is already reducing yields, droughts, floods, and temperature fluctuations are becoming more common,” he warned. To address this, he advocates for sustainable seed varieties, efficient irrigation, and participation in carbon reduction programs. Amirbekov also criticized the cotton supply chain as fragmented and poorly regulated, undermining trust from international buyers and complicating the enforcement of sustainability standards. He called for the introduction of digital platforms to track supply chains in real time. Social inequality is another concern: women and small-scale farmers often face limited access to markets and lack property rights. Incorporating fair trade practices, supporting cooperatives, and enforcing...

Challenges Facing Uzbekistan’s Textile Industry

On April 16, President Shavkat Mirziyoyev chaired a government meeting on increasing exports and investments in Uzbekistan’s textile industry which currently comprises over 6,000 enterprises and has a workforce of 570,000. Due to investments and new technologies, productivity has increased 4.2-fold over the past seven years. Last year, the manufacture of textiles, clothing and knitwear was valued at $8.2 billion and exports amounted to $3.1 billion. However, the share of products with high added value in the export of finished goods remains low. Almost 80% of all exports are destined for traditional markets, while exports to Europe fall below expectations. This is largely because only 175 Uzbek enterprises are equipped with international certifications required for export to developed countries. According to an analysis by the Boston Consulting Group of Uzbekistan’s raw materials, the country has the potential to provide products worth at least $15 billion and create 500,000 new jobs. The cost of one kilogram of yarn is 28% cheaper than the world average giving Uzbekistan a major competitive advantage but access to raw materials remains a key challenge faced by domestic textile enterprises. Whilst the country has the capacity to process 1.3 million tons of cotton fibre, it currently produces about 1 million tons due to the high costs of cultivation. Reflecting on the situation, President Mirziyoyev emphasized the pressing need for Uzbekistan’s textile industry to engage in the complete processing of existing raw materials to create high added value and redress the balance by switching from exporting to traditional cheap markets to more lucrative alternatives. In addition to increasing the number of international export certificates to producers, the meeting highlighted the importance of extensive advertising campaigns in European countries and forging new partnerships with international textile and garment brands.