Bangladesh hopeful over Uzbekistan cotton deal - sportstextiles: Lea SportsTextiles

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Bangladesh hopeful over Uzbekistan cotton deal

06/08/2013
Reports from Bangladesh suggest the country is on the point of finalising a deal to secure supply of cotton from Uzbekistan. The two countries have exchanged drafts of a memorandum of understanding, which is now under scrutiny.

Uzbekistan is the sixth largest cotton producer in the world with 4.6 million bales produced in 2011.

Bangladesh has also been holding talks with India over an agreement on cotton imports from there.

Figures from Bangladesh suggest the country’s textile industry is currently using 4 million bales of cotton a year, but that only 3% of this is being produced domestically.



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