Chairman Xinting Wang led a business delegation to Tashkent for talks with the Deputy Prime Minister of Uzbekistan
On May 13, the company’s Chairman Xinting Wang led a business delegation to Tashkent for talks with the Deputy Prime Minister and Minister of Economy and Finance of Uzbekistan. The two sides discussed joint advancement of agricultural machinery projects and agreed to engage in deeper cooperation in the field of agricultural mechanization.
The market opportunities align with the company’s strategic layout. Agricultural modernization is a transformative trend in Central Asian agricultural development. As the world’s fifth-largest cotton producer, Uzbekistan has been accelerating its agricultural modernization efforts in recent years, with plans to gradually reduce reliance on manual cotton picking. Supported by strengthened leasing mechanisms and increased foreign investment, Uzbekistan is speeding up the procurement of agricultural machinery. Agricultural mechanization cooperation projects may become a new engine driving bilateral economic collaboration.
Shandong Swan Cotton Industrial Machinery Stock Co., Ltd. with a history of over 70 years, is a well-known enterprise in China's cotton machinery sector. Its products are exported to 37 countries and regions. In recent years, the company has actively responded to China’s Belt and Road Initiative, accelerating its international expansion and actively developing markets along the BRI routes. The Uzbek market serves as a key hub in the company’s Central Asia strategy. This meeting marks an important step in Swan’s efforts to accelerate overseas expansion and achieve localized services.