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Russia may buy Turkmenistan textiles
04
Mar '16
Russia and Turkmenistan held discussions this week to explore possibilities of selling Turkmenistan's textile and cotton products in the Russian market, the Russian Chamber of Commerce and Industry said on its website.

During the discussions, the Russian side was represented by the vice-president of the Chamber of Commerce and Industry Alexander Rybakov. Turkmenistan's delegation included its ambassador to Russia Berdymurad Redzhepov, representatives of the Cabinet of Ministers and the Ministry of Textile industry formed the .

The meeting was also attended by heads of various textile enterprises from the two countries.

Russia is interested in purchasing textile products from Turkmenistan, but due to a large number of barriers and requirements to buyers, it is more beneficial to purchase these products through European dealers, the Russian Chamber of Commerce and Industry said.

Delegates at the meeting discussed the steps which could improve the situation by benefiting both sides. The two sides decided to discuss the issue in the near future.

Turkmenistan traditionally grows cotton, which serves as the basis for developing the country's textile industry.

Most of the products are exported to the US, Canada, Germany, UK, Russia, Italy, Turkey, China and Ukraine. (SH)

Fibre2Fashion News Desk – India

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