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Related Keywords: companies from Russia, export of finished textile products, following International Uzbek Cotton and Textile Fair, knitted fabric, knitted products, Moldova and other countries, more than $1 billion, semi-finished products, signed large contracts, Singapore, South Korea, Textile Industry, Turkey, Uzbekistan, worlds sixth largest cotton producer

Uzbekistan, the world’s sixth-largest cotton producer has signed large contracts for the export of finished textile products and semi-finished products for more than $1 billion with companies from Russia, Turkey, South Korea, Singapore, Moldova and other countries, following the 13th International Uzbek Cotton and Textile Fair.

Uzbek by exporting this strategic crop.aims to further increase incomes to the national economy. Representatives of foreign purchasing companies noted the quality and price parameters of Uzbek textile.

Related Keywords: 100 Uzbek companies participated, cotton yarn and fabrics, demonstrated high results of large-scale reforms, dyed and mixed yarn, enhance economic potential, important events in world cotton and textile business, International Uzbek Cotton and Textile Fair, knitted fabric, producing textile and sewing products, special fabrics, traditional fair

The 13th International Uzbek Cotton and Textile Fair once again demonstrated high results of large-scale reforms carried out on the path of further enhancing the economic potential of the country, the growth of well-being of the population. This traditional fair, which has become one of the important events in the world cotton and textile business, will serve to further expand reliable, long-term and mutually beneficial cooperation with Uzbekistan.

Related Keywords: defaulters in textile market, for clearing payment early, issued public notice, knitted fabric, offered one percent discount, powerloom weavers, South Gujarat Warp Knitters' Association, textile traders and brokers, warp knitting machines, wrap knitters

Many warp knitters have lost huge amount of money to the defaulters in the textile markets to rein in defaults the warp knitters have begun offering the textile traders and brokers one percent discount for clearing payments within 10 days of the purchase.

The South Gujarat Warp Knitters' Association (SGWKA) is a body of industry members representing the warp knitting community in a public notice issued on Thursday also stated that making payments after 25 days from the date of purchase will be liable to pay 18 percent interest on the outstanding dues.

Related Keywords: 11 percent growth, cotton woven, develop cotton-based, filaments, Indian economy, Indutech, innovative branch, knitted fabric, man-made fibre, technical textile products, Technical textile sector

Technical Textile sector is one of the most innovative branch of the industry in the world, ranking as one the five high tech sectors with the greatest potential for development. In India also technical textiles is one of the fastest growing segment of the Indian economy registering compounded annual rate of growth of 11% during 11th five year plan and the working group.