Egypt' s trade ministry sets up council for textile industry
Egypt' s Ministry of Trade and Industry has set up a Textile Industries Council to boost the textile industry in the country. Nevine Gamea, Minister of Industry and Trade says, the council will identify challenges, create an action plan to execute and follow up on the ministry' s strategy to grow the textile sector in Egypt.The council will also link at complementary industries with top manufacturers, design entrepreneurial trademarks for local and international markets.
As per a Textile Today report, it will help coordinate efforts to develop Egypt' s textile industries, within a national drive to raise the competitiveness of the sector' s exports. The country' s Ministry of Public Enterprises stats show, Egypt sold nearly 1.2 million quintals of cotton were sold for EGP 6 billion in the 2021 season under its new trading system initiated in 2019.
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