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Uzbekistan wants zero EU customs duty on textile products

16
Nov '18
Uzbekistan plans to seek zero customs duty from the European Union (EU) on its textile products, which now attract a duty of 7-12 per cent. The decision was arrived at after recent talks between the Uzbek first deputy minister of economy Mubin Mirzaev and a delegation of the European Parliament on relations with the countries of Central Asia and Mongolia.

Uzbekistan proposed some priority areas to the European side for further expanding economic cooperation, according to a news agency report.

The next step is to receive EU assistance in maintaining the quality of agricultural products to meet EU standards and training of human resources in this area.

The Textile Protocol came into force between the two sides on July 1 last year. It involves providing Uzbek producers with tax and customs benefits and unhindered access to European markets. (DS)

Fibre2Fashion News Desk – India


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