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Local textile products strive to new CIS markets [UPDATE]

17 April 2019 10:38 (UTC+04:00)
Local textile products strive to new CIS markets [UPDATE]

By Leman Mammadova

The growth observed in the textile industry of Azerbaijan also increases the country's export potential in non-oil sector.

Azerbaijan’s Gilan Textile Park LLC intends to export textile products to the new markets in the CIS countries, chairperson of the Azerbaijan Textile Products Manufacturers and Exporters' Association Mehriban Akhundova told Trend.

"The negotiations on the export of the company's textile products are underway with Russian partners," she said.

"Besides Russia, we also intend to supply textile products, namely, terry products, bathrobes, blankets and others to Belarus," Akhundova said. "In the future, we plan to supply our textile products to other CIS countries."

She stressed that Gilan Textile Park’s products are environmentally friendly and meet all international quality standards.

Taking into account the production potential, Gilan Textile Park is considered one of the biggest processing enterprises not only in Azerbaijan, but the entire region.

Gilan Textile Park, which uses cotton grown in Azerbaijan as a raw material for the production of various products, renders great support to the development of local industry and agriculture.

The weaving, dyeing and sewing factories operate on the basis of the Gilan Textile Park, which launched its activities in Azerbaijan’s Sumgait city in 2012.

The National Fund for Entrepreneurship Support under the Azerbaijani Ministry of Economy issued a preferential loan worth 15 million manats ($8.8 million) for the construction of three factories in the textile park worth 46 million manats ($27 million).

Recently, the Gilan Textile Park announced that the company will export its first batch of yarn to Portugal.

It is also expected that Latvian textile manufacturers will cooperate with Gilan Textile Park to create joint production in Azerbaijan for further export to the CIS countries.

Textile industry of Azerbaijan has deep roots and centuries-old history. The socio-economic policy pursued in Azerbaijan in recent years, as well as the implementation of programs aimed at the development of agriculture and industry, led to the implementation of large-scale projects in this area.

The launch of textile enterprises is of particular importance in reducing dependence on imports in the light industry, increasing export potential, creating national textile brands, training of qualified personnel and opening new jobs, allowing the development of the textile industry in the country.

The Association of Textile Producers and Exporters was established to support the development of this sector in Azerbaijan. The initiative on the establishment of this association was put forward by entrepreneurs involved in the textile sector. In general, such associations serve to improve relations between the state and the private sector.

The development of cotton growing in Azerbaijan gives impetus to the development of the textile industry. The further development of textile industry has great potential in Azerbaijan, since in early 2017, the State Program for 2017-2022 was approved with an aim of strengthening measures directed at developing cotton-growing in the country. The purpose is to develop cotton growing, increase export potential, ensure employment of the rural population.

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