Egypt removes ban on imports of cotton fiber
Egypt has decided to remove the ban imposed on cotton fiber imports which has been issued by Ministrial Decree earlier. The Egyptian cotton fiber has fulfilled domestic consumption during the imposed ban period which ended, which is expected to continue as pressure is mounting for availibility of foreign currency to…
The Greek cotton imports to Egypt have sharply declined after Egypt issued the ban on cotton imports, to reach less than 10K Tons from more than 50K Tons before the cotton ban decree, which is expected to provide further sourcing opportunities for Egypt textile sector.
From the Egytex news archive, first published on 3 April 2013. Figures and names are as reported at the time.