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Sherif Ismail: Govt Supports Textile Industry

Source: www.export-egypt.com 3/29/2016, Location: Africa

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Prime Minister Ismail Sherif stressed the government's full support for the industry file as a development drive in the coming period, especially all kinds of textile industries.

The prime minister called for drafting a comprehensive plan to develop the industry to be submitted for discussion during a Cabinet meeting Tuesday, Cabinet Spokesman Hossam Qawish said.

During a meeting with the governor of the Central Bank of Egypt, the ministers of trade and finance, the head of the Federation of Egyptian Industries and representatives of textile companies, Ismail said urgent measures will be taken to develop and encourage textile industries to increase their exports.

The industry covers all working segments, mainly women, and is associated with other small and micro enterprises, he added.

He said studies for establishing a textile city in Minya have to be completed soon.

The meeting also addressed the main obstacles facing textile industries.

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