Azerbaijani firms start exporting cotton fibre to Turkmenistan

29 May 23 1 min read

Insights

  • Azerbaijan's Economic Zone Development Agency recently said companies in the country have started exporting cotton fibre to Turkmenistan. Other products obtained from cotton processing will also be exported to Turkmenistan in future.
  • Textile industry development work is under way in the Mingachevir Industrial Park and cotton clusters are also being created.
Azerbaijani companies like MKT IK, Azerpambig and P-Agro have started exporting cotton fibre to Turkmenistan, according to the former’s Economic Zone Development Agency (EZDA).

Initially, 30,000 tonnes of cotton fibre will be sent to Turkmenistan by ships from Baku International Sea Trade Port.

Other products obtained from cotton processing will also be exported to Turkmenistan in future.

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Targeted work is being done to raise production and export of competitive non-oil products, improve access to traditional and new markets and the processing industry is expanding, EZDA said.

In the Mingachevir Industrial Park, textile industry development work is under way. Cotton clusters are also being created in the country, an Azeri news outlet reported.

Fibre2Fashion News Desk (DS)

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