As predicted, cotton world production in 2010-2011 will increase by 14 %, to 116,9 million bales, it will be the maximum mid-annual gain after reduction of prices last year. The basic volume of output is necessary to Australia, Brazil, China, the USA and Uzbekistan, writes a portal of the economic information "UzReport".
Thanks to carrying out of large-scale work on technical and technological updating of manufacturing enterprises in Uzbekistan there is an increase in volume of qualitative and competitive production from local raw materials, the population occupation level raises. It can be tracked on an example of the enterprises of state joint-stock company "Uzbekingilsanoat".
On the world cotton market deficiency to 2 million tons is expected that forces buyers of these valuable raw materials to draw attention to Uzbekistan where because of good weather the rich cotton crop in 2010 is grown up.
One of the most sacred Islamic occassions, Ramadan is observed during the ninth and holiest Islamic month of the same name, a time when the great Prophet Muhammad was said to have received the knowledge of Quran.
Uzbekistan used foreign investments for US$1.7 billion in the first half of 2010, including foreign direct investments for US$1.57 billion.
According to the report of Economy Ministry and State Statistics Committee, the volume of used foreign investments rose by 1.5 times year-on-year in January-June 2010.
