Uzbekistan has cut the prize fund for the International Silk Uzbekistan Fashion Week from $2 mn to $1 mn, with President Shavkat Mirziyoyev signing the decree.
Earlier this year, the President supported hosting the event, which will take place in January 2024.
Leading global fashion houses will showcase their talent at Silk Uzbekistan Fashion Week, competing to create garments from Uzbek silk.
Organisers plan to hold the event biennially in May.
