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Textile exports rise 12%, imports decline 59% in Egypt
05
Oct '17
Textile exports rise 12%, imports decline 59% in Egypt
Egypt’s textile exports increased by about 12 per cent, while imports declined by 59 per cent this year compared to the same period last year, according to minister of trade and industry Tarek Kabil, who said the ministry is preparing a national strategy for the textiles, spinning, and ready-made clothing industry covering all stages of production.

Kabil informed a recent meeting of the board of directors of the Egyptian Chamber of Textile Industries (ECTI) that the current year witnessed cotton cultivation in 223,170 acres compared to 124,560 acres last year, according to Egyptian media reports.

The ministry is also exploring establishment of a new textile city and making efforts to curb textile smuggling, added. (DS)

Fibre2Fashion News Desk – India


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