EGYPT: Egyptian Textile Exporters Hope to Export more to the US Market.

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“p class=”MsoNormal”>”font face=”verdana”>”span style=”font-size: 10pt; line-height: 115%; font-family: "Verdana","sans-serif";”>”/span>”span style=”font-size: 10pt; line-height: 115%; font-family: "Verdana","sans-serif";”>“Ready-made garment exports in 2009 stood at LE7.4 billion,” Arafa
said at a meeting with officials from Nygard Stores, which has branches both in
the US and Canada and boasts an overall sales volume of US$2 billion a year.
Arafa went on to predict that exports would reach LE10 billion in 2012. “This
would create 200,000 jobs in Egypt,” he said, calling on the government to
support the industry by improving local transport and logistical facilities.
According to Egypt’s commercial attaché in Washington Egypt, currently ranks
17th in terms of overall textiles exports to the US.”/span>”span style=”font-size: 10pt; line-height: 115%; font-family: "Verdana","sans-serif";”>”/span>”/font>”/p>

Date:1/16/2011

Source: