Latvian textile manufacturers enter CIS markets via Azerbaijan

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Latvian textile manufacturers enter CIS markets via Azerbaijan

Latvia's textile manufacturers intend to create joint production in Azerbaijan to further export products to the markets of the CIS countries, Head of the Association of Textile Producers and Exporters of Azerbaijan, head of Gilan Textile Park Mehriban Akhundova said. "Taking into account that Azerbaijan has bilateral agreements on the free trade zone with the CIS countries, the creation of joint production in our country will exempt the export of finished products to these countries from customs payments," Akhundova said.

"The negotiations have already been held with the Association of Latvian Lingerie Manufacturers and perhaps, the corresponding agreements will be reached this autumn," she said. "Moreover, a meeting with the chairman of the Russian Association of Textile Producers is expected to be held in early autumn, during which the time-frame for the implementation of joint plans in this sphere will be determined," Akhundova said.