ITMF, IAF joint 2024 convention to spotlight Uzbekistan textile, garment industry
Themed “Innovation, Cooperation & Regulation – Drivers of the Textile & Apparel Industry,” the decision to host the joint convention in collaboration with the Uzbek Textile & Apparel Industry Association (Uztextileprom) reflects the shared beliefs of IAF and ITMF in the necessity for the industry to “jointly discuss collective solutions for our common industry challenges.”
One of the key highlights of the ITMF, IAF joint convention was the spotlight on Uzbekistan’s evolving textile and garment industry both during the conference program and during the planned factory visits.
Uzbekistan has transformed over the past decade from a major cotton exporter to a cotton-importing nation. This shift has developed a textile and apparel industry that is in an exciting early stage of rapid development.
The convention plans to assemble stakeholders from across the supply chain, including raw material suppliers, spinners, weavers, machine suppliers, garment and home textile manufacturers, brands, retailers, solution providers, and educators.
Recognizing that manufacturers play a key role in shaping the future of fashion, the ITMF, IAF joint convention aims to foster dialogue and cooperation among stakeholders. Key topics range from environmental sustainability to digital transformation, and supply chain transparency.
Renowned industry experts and leaders will engage in discussions on the significance of innovation, cooperation, and regulation, and their impact on shaping the future of the textile and apparel sector to assist an “effective flow of information between all segments of the textile and apparel value chain”.
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By GlobalData
In February the IAF and the ITMF released a manifesto to address audit and standard fatigue in the apparel and textile industry.
On 5 March, the International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, inked a series of agreements with Uzbekistan worth $715m to develop the production of agricultural commodities such as cotton and wheat, ensuring food security and catering to the trade finance requirements of private sector entities and Small and medium-sized enterprises (SMEs).