The Chinese brand Red Dragonfly is set to launch new investment projects in Uzbekistan.

The focus was on the issues related to the import of components for shoe manufacturing from China, the specifics of customs regulation, and taxation, particularly VAT. Additionally, the prospects for establishing Red Dragonfly's production in Uzbekistan for subsequent export to the Russian market were discussed.

It is worth recalling that during the 2024 business forum between Uzbekistan and China, held in Chengdu, a preliminary agreement was reached with Zhejiang Red Dragonfly Shoes regarding an investment project valued at 10 million dollars.

This project is expected to drive the development of Uzbekistan's shoe industry, create new job opportunities, and enable the launch of competitive products in the international market.

In the near future, representatives of the Chinese brand will visit industrial zones and manufacturing enterprises in Samarkand, Jizzakh, and other regions, where negotiations will take place regarding the establishment of production facilities.