Egypt to allow short-staple cotton imports: paper.
Because of its relative geographic isolation, Egypt over the years has developed strains of high-quality long-staple cotton uncontaminated by cross-breeding from lesser quality strains. Considered among the world's best, its domestic cotton fetches a premium on world markets.
The trade ministry has agreed with the agriculture ministry to open the door to imports to help local textile plants deal with increases in the price of cotton, Al-Alam Al-Youm reported.
A trade ministry official had no immediate comment on the report.
Daily NewsEgypt 2009
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|Publication:||Daily News Egypt (Egypt)|
|Date:||Dec 17, 2010|
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