Uzbekistan has agreement to export 10 million cotton bales to Pakistan by the end of June in the current fiscal year.

According to a press release by Pakistan Textile Mills Association (PTMA), the efforts of Pakistan’s Prime Minister, Yousuf Raza Gilani, have come to fruition in the form of a deal of cotton export with the Uzbekistan government.

The association’s chairman, Gohar Ijaz, told local media that Uzbekistan is a ‘chief importer’ of Chinese cotton and for such imports, the country is makes 80% of payments in advance.

However, he said that he was pleased with the Uzbek government as Pakistan has been exempted from the condition of advance payment for cotton import.

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