During visit to the United Arab Emirates there was signed the Memorandum of understanding between the SJSC"Uzprommashimpeks" and company " Dubai Multi Commodities Centre Authority " for sale of Uzbek cotton through electronic trading platform of DMCC.....
The Memorandum of understanding intends to create the additional instrument for uzbek cotton export to the international markets by the way of setting-up of cotton center with the adjusted port and warehouse infrastructure. The advantages of this project - diversification of channels of Uzbek cotton export to the international markets, introduction of the latest electronic technologies in cotton export process, reducing of cotton transportation, warehousing risks and creation of an alternative infrastructure of its warehousing. .
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