Kyrgyzstan’s inclusion into the Russia-led Customs Union would be beneficial to the Kyrgyz garment industry, said chairman of the Russian Association of Light Industry (ROSLEGPROM) Alexander Kruglik, at the recently concluded Fashion Industry: Products and Equipment Fair 2014, in the city of Bishkek.
According to Mr. Kruglik, the expected inclusion of Kyrgyzstan in the Customs Union would help boost apparel exports from the country to the Russian market which demands such products, as well as other CIS countries.
The ROSLEGPROM official said that Russia and Kyrgyzstan have also signed a memorandum of understanding (MoU) for cooperation in the clothing sector, with the aim of increasing supply of Kyrgyz apparel to Russia.
At the fair, chairman of the Kyrgyz Association of Garment Industry Farhad Tologonov said that the Kyrgyz clothing sector would have to go through a transition, in order to reap the benefits once the country is included in the Customs Union.
Five years ago, the Kyrgyz garments were not known in the international market, whereas now the ‘Made in Kyrgyzstan’ garments are recognized all over the world, he added.
Organized by the Kyrgyz Association of Light Industry (LEGPROM), the five-day fair was held with the objective of showcasing Kyrgyz apparel products to buyers from various countries including Germany, Czech Republic, China, Japan and Korea.
More than fifty apparel and apparel machinery manufacturers from Kyrgyzstan presented their latest products at the fair, including knitwear, casualwear, jerseys, apparel manufacturing machines, technologies etc.
The Customs Union came into existence on January 1, 2010, between Belarus, Kazakhstan and Russia. It seeks to gather all ex-Soviet nations to form a free trade zone, on the lines of the European Union (EU).