Ashgabat, Turkmenistan, June 4
By Huseyn Hasanov - Trend:
A two-day international exhibition "The textile industry of the country on the way to a new stage of development" kicked off in Ashgabat June 4.
The event has been organized by Turkmenistan's Ministry of Textile Industry and the Chamber of Commerce and Industry.
Turkmenistan's President Gurbanguly Berdimuhamedov said in his message to the event participants that great work is underway to create facilities for producing import substitution goods and to further increase the country's economic power and its export potential.
He noted that the expansion of the international cooperation in using effective innovations in the production is of great importance.
The textile industry holds an important place in Turkmenistan's economy. Turkmenistan traditionally grows cotton which is a basis for ensuring the development of the textile industry.
The major part of the products is exported to the US, Canada, Germany, UK, Russia, Italy, Turkey, China and Ukraine. It is planned to collect 1.05 million tons of cotton from an area of 545 hectares in Turkmenistan in 2016.