19 May 2019

00:00:00 (GMT+5)

Tashkent +25,9 °C

Investments
4 Mar  2019 415

French Bpifrance is interested in Uzbek textile industry

French investment bank held negotiations at Uztextileprom Association.   

According to the Ministry of Justice information channel on Telegram, agreement on financing projects in textile industry was reached during the negotiations between the Management of the Uztextileprom Association and Bpifrance delegation led by Regional Director Emmanuel Breshard.

Sides agreed on attracting large companies and financial institutions in France to implement joint investment projects in the textile industry.

Last year, the volume of trade between Uzbekistan and France exceeded $ 306 million, with a 19% increase compared to 2017. At present, 16 enterprises with the participation of French capital, including two with 100% foreign capital, operate in Uzbekistan.

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