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Trade Minister hails leather sector growth
20
Jan '10
Trade and Industry Minister, Girma Birru while addressing the participants of the four-day meeting at the 17th Session of the United Nations Industrial Development Organization (UNIDO) said that the Ethiopia's leather and leather products industry has reached at a comparatively good stage of development and is still growing incredibly.

He attributed this growth and development to the investment and opportunities like huge resource base in high quality hides and skins provided by the State to the producers in the sector.

He said the Ethiopian leather and leather products industry is now internationally reputed as a producer of fine quality leather. He also pointed out that setting aside the slow down due to global monetary crisis, the sector has demonstrated noteworthy development over the last 5 years. Thus the sector spurred up as a major contributor to the national export earnings from the export of value added products.

The minister also indicated that the execution of the government's strategy known as the top-down approach (TDA) favouring the leather products, primarily footwear along with the leather garments and leather goods has also added to the development of the sector. He also pointed towards expected decline in the export proportion of semi-processed products in forthcoming five years.

This needs to be replaced with equivalent hike in the export of finished leather, footwear along with other leather products, he added. Also he was optimistic that Ethiopia with the aid of its enormous human and natural resources, besides a strong commitment will manage to attain sustainable sector sensitive industrial growth.

Fibre2fashion News Desk - India

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