Home / Knowledge / News / Textiles / Ugandan cotton exports set to increase: Minister
Ugandan cotton exports set to increase: Minister
23
Apr '14
The exports of cotton from Uganda are set to rise once the recommendations made by trade ministers at the ninth ministerial conference of the World Trade Organization (WTO), held in Bali last year, are implemented, Minister of Trade, Industry and Cooperatives Amelia Kyambadde, has said, New Vision reported.
 
Addressing a meeting in Kampala city, the Minister said one of the recommendations of the trade ministers at the WTO conference was to improve market access for cotton products from least developed countries (LDCs), and also provide development assistance for cotton production in those countries.
 
Ms. Kyambadde said the ministers at the conference agreed that the cotton sector in Uganda would be supported, if possible, with a fund to improve the production capacity and quality control, so that the country can gain a guaranteed market.
 
Since Uganda is the chair for the WTO’s LDC Group this year, it would be made sure that the agreed clause on cotton from LDCs is implemented and Uganda can earn more from cotton exports, the Minister said.
 
At the Bali meeting, member countries also agreed on removing all barriers to duty and quota free import of cotton from LDCs like Uganda.
 
Uganda was a leading exporter of quality cotton until a few years ago, but its exports have dropped in recent years. In 2013, the country’s earnings from cotton exports fell by 58.6 percent to US$ 31.42 million, compared to earnings of $76 million in the previous year.
 
One of the reasons for lower production capacity as well as poor quality of Ugandan cotton is that the crop is mainly grown in areas that are not easily accessible. 
 
Only five percent of the cotton grown in Uganda is utilized domestically, and the rest of it is exported, mainly in the raw form.
 

Fibre2fashion News Desk - India

Must ReadView All

RBI Governor Urjit Patel addressing a press conference. Courtesy: Youtube

Textiles | On 7th Dec 2016

Defying expectations, RBI keeps repo rate unchanged

Defying market expectations, the Monetary Policy Committee (MPC) of...

RBI Governor Urjit Patel and other officials addressing a press conference. Courtesy: Youtube

Textiles | On 7th Dec 2016

RBI withdraws the incremental CRR from Dec 10

The Reserve Bank of India (RBI) has decided to withdraw the...

Textiles | On 7th Dec 2016

‘Price-competitiveness is crucial for China yarn market’

Kikani Exports, India based yarn supplier with 12 years of experience ...

Interviews View All

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Sonam & Paras Modi
SVA

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

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search