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Home News Azerbaijan, Turkey, and Uzbekistan sign Ankara declaration to boost textile cooperation

Azerbaijan, Turkey, and Uzbekistan sign Ankara declaration to boost textile cooperation

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Azerbaijan, Turkey, and Uzbekistan sign Ankara declaration to boost textile cooperation

Azerbaijan, Turkey, and Uzbekistan sign Ankara declaration to boost textile cooperation

Azerbaijan, Turkey, and Uzbekistan have signed the Ankara Declaration, marking a significant step toward strengthening cooperation in the textile sector. This agreement, announced during a high-level summit between the three nations, aims to foster greater collaboration in textile manufacturing, trade, and technology exchange.

As part of the declaration, the countries have agreed to work together on enhancing the efficiency of textile production, promoting sustainable practices, and exploring new markets for textile exports. The partnership is expected to bring technological advancements to the textile industries in each nation, with a focus on innovation, eco-friendly production methods, and improving supply chain integration.

Uzbekistan, known for its vast cotton production, is expected to benefit from this cooperation by expanding its textile value chain. Meanwhile, Turkey, a leading textile hub in Europe, is set to share its expertise in advanced textile manufacturing and design, while Azerbaijan’s strategic location is seen as an ideal gateway for expanding regional and international trade networks.

The agreement also highlights the importance of joint investments in textile infrastructure, research, and development. Both sides expressed confidence that the collaboration will enhance their positions in the global textile market and increase bilateral trade opportunities.

Textile industry leaders from all three nations have expressed optimism that the Ankara Declaration will lead to increased production capabilities, improved quality standards, and a more competitive presence in global markets.