Trade
Historically the Ferghana Valley was an important staging-post on the Silk Road for goods and people traveling from China to the Middle East and Europe. After crossing the passes from Kashgar in Xinjiang, traders would have found welcome relief in the fertile abundance of Ferghana, as well as the possibility of purchasing further high-quality silk manufactured in Margilan. The most famous export from the region were the 'blood-sweating' Heavenly Horses which so captured the imagination of the Chinese during the Han dynasty, but in fact these were almost certainly bred on the Steppe, either west of Bukhara or North of Tashkent, and merely brought to Ferghana for sale. In the 19th century, not surprisingly, a considerable trade carried on with Russia; raw cotton, raw silk, tobacco, hides, sheepskins, fruit and cotton and leather goods were exported, and manufactured wares, textiles, tea and sugar were imported and in part re-exported to Kashgaria and Bokhara. The total trade of Ferghana reached an annual value of nearly £3,500,000 in 1911. Nowadays it suffers from the same depression that affects all trade that either originates in or has to pass through Uzbekistan. The only significant international export is cotton, although the Daewoo plant in Andizhan sends cars all over Uzbekistan.
Read more about this topic: Fergana Valley
Famous quotes containing the word trade:
“Conversation is a traffick; and if you enter into it, without some stock of knowledge, to ballance the account perpetually betwixt you,—the trade drops at once: and this is the reason ... why travellers have so little [good] conversation with natives,—owing to their [the natives’] suspicion ... that there is nothing to be extracted from the conversation ... worth the trouble of their bad language.”
—Laurence Sterne (1713–1768)
“Every trade has its master.”
—Chinese proverb.
“People run away from the name subsidy. It is a subsidy. I am not afraid to call it so. It is paid for the purpose of giving a merchant marine to the whole country so that the trade of the whole country will be benefitted thereby, and the men running the ships will of course make a reasonable profit.... Unless we have a merchant marine, our navy if called upon for offensive or defensive work is going to be most defective.”
—William Howard Taft (1857–1930)