Home / Knowledge / News / Textiles / Tajikistan, Chinese firm discuss cotton cooperation
Tajikistan, Chinese firm discuss cotton cooperation
16
Jul '14
The Government of Tajikistan and a Chinese company are considering cooperation in the field of cotton production and its industrial processing.
 
Tajik President Emomali Rahmon had a meeting with Li Yan Zhe, senior adviser of a Chinese company ‘Chuntai-New Silk Road’, which deals with investment in agricultural activities in China’s Xinjiang Uyghur Autonomous Region, the website of Tajik President said.
 
At the meeting in Dushanbe city, Li Yan Zhe said they are planning to set up cotton production in Tajikistan in cooperation with farmers and specialists in Tajikistan, along with the use of latest production technologies.
 
The Chinese firm is also planning to construct ginners for processing up to 15,000 tons of cotton fibre annually. Enterprises would also be set up for final product marketing.
 
In the first phase, which will involve more than US$ 120 million direct investment, over 6,000 new jobs will be created.
 
Subsequently, investment is expected to go up to $200 million, while the number of jobs is projected to jump to 15,000, the statement said.
 
Mr. Rahmon said the Tajik side will carefully study the proposal of the Chinese firm before taking the final decision.
 
In the past, cotton was among the leading export items for Tajikistan and cotton and cotton products accounted for 18.6 percent share in the country’s exports in 2012, earning US$ 244.8 million.
 
In 2013, Tajikistan produced 392,000 tons of cotton, about 3.6 percent lower than the target set for the year, mainly due to a decline in area under cotton, following the Government’s directive to increase areas under fruits, vegetables and fodder crops.
 
Earlier this year, Minister of Agriculture Qosim Qosimov said that cotton is no longer a strategic crop for Tajikistan and its production would be gradually reduced to about 200,000 tons. The Minister said that cotton production in Tajikistan is fraught with high costs as the country imports fertilizers and agricultural machinery, and by reducing land for cotton, the Government intends to increase availability of land for growing other crops.
 

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 24th Jul 2017

Govt extends deadline for GST composition scheme to Aug 16

The Government on India has extended the deadline for small...

L-R: Dhanapal, JMD, Best Corporation; Prabhu Damodaran, Convenor, ITF; Narayanasamy, MD, Micro Cotspin; Senthilnathan, MD Rasitex India; and Sabapathy, MD, Prasanna Spinning Mills

Textiles | On 24th Jul 2017

TN mills seek partnership with cotton growing states

Spinning mills in Tamil Nadu are seeking stronger partnership with...

Textiles | On 24th Jul 2017

Irani terms GST as a ‘great step towards transparency’

Union textiles minister Smriti Irani has termed the Goods and...

Interviews View All

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X