THE ROLE OF MODERN ECONOMIC INSTRUMENTS IN REDUCING COSTS: THE EXPERIENCE OF COTTON AND TEXTILE CLUSTERS

THE ROLE OF MODERN ECONOMIC INSTRUMENTS IN REDUCING COSTS: THE EXPERIENCE OF COTTON AND TEXTILE CLUSTERS

Authors

  • Khalikov Talibjon Luptullaevich assistant at the department of “Accounting and Auditing in Other Industries”, Samarkand Institute of Economics and Service

Keywords:

export-oriented cotton and textile clusters, light industry, export development strategy, innovative technologies, production automation, export volume growth.

Abstract

This article examines the importance of developing export-oriented cotton and textile clusters in the context of the growing demand for textiles in the world. The article notes that developed European countries are actively using the creation of production clusters, cooperation between the public and private sectors, as well as stimulating innovation in their textile export development strategies.

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Published

2025-02-17

How to Cite

THE ROLE OF MODERN ECONOMIC INSTRUMENTS IN REDUCING COSTS: THE EXPERIENCE OF COTTON AND TEXTILE CLUSTERS. (2025). Scientific Journal of Actuarial Finance and Accounting, 5(02), 184-190. https://doi.org/10.55439/AFA/vol5_iss02/639