Home / Knowledge / News / Textiles / Egypt adopts 20 measures to save spinning & weaving units
Egypt adopts 20 measures to save spinning & weaving units
30
Nov '11
Egypt has adopted nearly twenty measures to protect the domestic textile industries, including spinning and weaving units and readymade garment manufacturing units.

Dr. Mahmoud Eissa, Minister of Industry and Foreign Trade said the measures will not only protect the industry from unfair competition from some countries, but also support and develop them.

In the past, the textile industry in the country has faced several problems which led to the closure of plants and the latest decision aims to revive the industry while protecting the rights of workers.

Under the new measures, protection fees have been imposed on Egyptian imports of weaving and spinning products and garments, while customs duties are levied on textiles entering the country.

These measures will help the domestic textile industry to withstand the present crisis, the Minister added.

The measures were decided by a 32-member committee that comprised representatives of various stakeholders including the Holding Company for Spinning and Weaving, Consumer Protection Agency, Ministry of Foreign Trade, Ministry of Finance, and others.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 27th Mar 2017

NYCEDC announces $51mn package for NYC garment industry

New York City Economic Development Corporation (NYCEDC), in...

Apparel/Garments | On 27th Mar 2017

Fynd raises $500K Series A funding from Venture Catalysts

Fynd, an online to offline (O2O) e-commerce fashion marketplace, has...

Apparel/Garments | On 27th Mar 2017

India's fashion market to touch $30 bn by 2020: Report

The fashion market in India is estimated at $70 billion in 2016, with ...

Interviews View All

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search