Govt mulling import of Sudan cotton to bridge shortage
24 Jan '08
1 min read
The Turkish Foreign Economic Board (DEIK) recently organized a meeting to discuss trade relations between Turkey and Sudan, on January 22, 2008 at Istanbul.
Speaking at the conference the Turkish Agriculture and Rural Affairs Minister Mr Mehdi Eker said that Sudan holds an important position in the world for its cotton yield and Turkey a key cotton producer, has been facing a shortage of quality cotton for quite some time, for the manufacture of textiles and apparels. Now, the country wants to benefit from Sudan's potential in the same.
The agriculture Minister also mentioned that imports from Sudan would help to bridge the shortage of cotton the textile industry is facing presently.
Mr Mehdi Eker further added that agriculture is considered to one of the pillars of Sudanese economy and Turkey is ready to work with Sudan in other sectors where the country needs development. Both the nations are already enjoying a healthy economic relationship for over past eight years.
Statistics show that, during 2006, Turkey has invested around US $220 million in Sudan.