Home / Knowledge / News / Textiles / Egypt revokes ban on cotton imports
Egypt revokes ban on cotton imports
16
Jul '15
In a u-turn the Egyptian government has reversed a decision to halt cotton imports, according to media reports.

A cabinet statement said prime minister Ibrahim Mehleb had requested a study on cotton policy, while "the import of cotton for this year has been permitted".

Last week agriculture ministry Salah Helal had issued the ban order on all cotton imports in a bid to assist production and marketing of the local crop.

Ahead of the cabinet’s decision to revoke the ban, the heads of the export councils and the head of Federation of Egyptian Chambers of Commerce (FEDCOC) expressed their reservations in a separate meeting and described the move as catastrophic. They said the ban would attract negative consequences on their contracts and obligations towards the local and external markets.

The head of the farmers syndicate, Nasser Farid, demanded that Helal reconsider his decision because the textile industry system operates with two types of cotton. Machines at public sector factories operate using long staple cotton, while private sector machines operate with short staple cotton, which is imported from abroad.

The initial ban order had drawn a sharp response from Greece which said it would hit its exports to Egypt. The Greek government warned that the decision may force it to take similar action against Egyptian exports to Greece. (SH)

Fibre2Fashion News Desk – India


Must ReadView All

Courtesy: Pyrates Smart Fabrics

Textiles | On 16th Jul 2018

Spain's Pyrates Smart Fabrics targets Asia, S America

Spain-based Pyrates Smart Fabrics, whose major markets are northern...

Bangladesh to modernise 3 jute factories to boost sector

Textiles | On 16th Jul 2018

Bangladesh to modernise 3 jute factories to boost sector

The executive committee of Bangladesh’s National Economic Council...

Courtesy: Asda

Apparel/Garments | On 16th Jul 2018

J Sainsbury agrees to £3.5 bn financing for Asda merger

J Sainsbury plc has agreed for a financing package of £3.5 billion in ...

Interviews View All

Headhonchos
Indian textile value chain

'One nation, one tax' is a great concept

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Top executives
Textile industry

Overall, Union budget 2018-19 is very balanced

Mala Alwani

<div>Delhi-based fast fashion womenswear brand, Besiva, aims to bridge the ...

Manuele Baggini

Comec Italia Srl is a world leader in the production of printing machines. ...

Rajat Jaipuria

Activewear brand Soul Space promotes organic cotton farming and...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Priya Somaiya
Usha Social Services

The Usha Silai label from Usha International is all set for a retail...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

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

Leave your Comments


July 2018

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

news category


Related Categories:

Advanced Search