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Related Keywords: Cambodian Commerce ministry secretary of state, country in global value chain, Garments Manufacturers Association of Cambodia, global clothing brands and unions, help modernize the industry, increase investment, introduce new technologies, Ok Bung, recently low productivity, resulting in lower ranking, urges global buyers

Cambodian Commerce ministry secretary of state Ok Bung urges global buyers of global clothing brands and unions to increase their investment in its garment sector to introduce new technologies to help modernize the industry as recently low productivity is resulting in lower ranking for the country in the global value chain.

Representatives from companies, such as Inditex, Debenhams, Kmart-Australia, H&M, Next, C&A and Primark, and international union federation IndustriALL were present at the meeting.

Related Keywords: cotton production, cotton yarn production, create favourable condition for investors, introduce new technologies, over the years of independence, raise foreign investment, rise in textile product exports, seen increase in cotton fiber processing, tenth producer of cotton, textile industry expansion programme, Turkmenistan

Turkmenistan over the years of independence has seen increase in cotton fiber processing from 3 percent to 51 percent. Also the country’s cotton yarn production has increased 2.4 times from 2000 to 2015 and cotton production 4 times.

The country aims to raise foreign investment to bring further expansion in its textile industry for which they intend to create the most favorable conditions for investors and also introduce, new technologies.

At present, Turkmenistan has more than 70 enterprises producing cotton yarn, cotton, terry, denim, knitted fabrics and knitwear