Uzbekistan would supply 200,000 metric tons of cotton to Bangladesh annually under the terms of a new bilateral agreement, Dhaka’s Financial Express newspaper reported on August 5. The deal, which would mark the first time Bangladeshi purchases of Uzbek cotton are regularized, may be signed during an annual industry fair in Tashkent this October, 12news.uz reports.
"Since Uzbekistan is a major source of cotton for us, we want to make the import process easier and uninterrupted. So, we are finalizing the draft of the MoU for signing as soon as possible,” the Financial Express quoted a Bangladeshi official as saying. The memorandum will ensure direct delivery of raw Uzbek cotton “on a regular basis,” the newspaper added.
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