The delegation held negotiations at the Foreign Affairs Ministry, Foreign Economic Relations, Investments and Trade Ministry, Uzbeklegprom state joint-stock company and visited several textile companies of Uzbekistan.

Ogava said that the high level of organization at the enterprises impressed him and this could serve as good and positive factor in adoption of decision on cooperation.

“We want to launch production of finished textile goods,” Ogava said at the end of talks. “Out cooperation is likely to develop step-by-step. First of all, we plan to study local market and set concrete tasks of future projects. Later orders will be placed in our Uzbek partners. We will found joint venture and make direct investments once these steps are success”.

Toray Industries, founded in 1926, is one of the leading textile and synthetic fiber producers all over the world.

The Uzbek government has worked out state programme on development of textile industries in 2007-2012, Uzbeklegprom said. The programme is expected to be carried out by 2012. A total of 79 projects worth US$614.6 million will be carried out within the state program which will help create about 36,200 new jobs.