A (Legally) Turbulent Affair: The Textile Industry in Uzbekistan

When thinking where to invest next, Uzbekistan would not necessarily rank first among your options. Nonetheless, a constant high cotton production, low-wage workforce, a relative proximity to the largest  markets, combined with a (seemingly) supportive state agricultural policy and incentives for investors made Uzbekistan’s textile industry an attractive business venue. However, as always, there is another side of the coin. This Mercantile Digest analyzes the challenges (legal and political) of Uzbekistan’s textile industry, while also offering advice for investors in order to prepare themselves in such a delicate economic environment. Read more ...

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The European Union’s Perennial Turkish Dilemma

Given their geopolitical position and economic interdependence, in all likelihood, Turkey and the European Union (still) have much to offer each other. Going back from the establishment of the modern republic on the ruins of the former Ottoman Empire, throughout the long Cold War years, and then in the post-9/11 era, Turkey’s officially stated position in the liberal world order has been that of an aspiring Western power and European partner, with Islamic characteristics. Read more ...