News

Egypt Suspends All Cotton Imports to Protect Local Market

Egypt Suspends All Cotton Imports to Protect Local Market

An Egyptian farmer collects the cotton harvest at a farm in al-Massara village near the Nile delta city of Mansura, north of Cairo. (Photo: AFP - Khaled Desouki)
An Egyptian farmer collects the cotton harvest at a farm in al-Massara village near the Nile delta city of Mansura, north of Cairo. (Photo: AFP – Khaled Desouki)

Egypt’s ministry of agriculture has halted the import of cotton “to protect local produce” and “resolve problems related to marketing it,” the ministry’s spokesman said on Tuesday.

The decision is temporary, spokesman Yehia Qadh told Aswat Masriya. He nevertheless did not say when the decision will be suspended.

Cargoes shipped before July 4 will be excluded from the decision.

The decision comes shortly after the Egyptian government lifted cotton subsidies completely at the beginning of 2015. The subsidy cost the government $550 million in the last season it was applied.

Locally produced cotton is not being properly marketed due to competition it faces from imported cottons, said Amin Khair Allah, an official at the Industry and Trade Ministry’s internal cotton trade committee. Khair Allah noted an increase in the production volume of local cotton.

Cotton cultivation is expected to span 260 thousand acres this year, according to an Agriculture Ministry report issued in March.

Egypt has long been famous for its unique long staple cotton, especially under the British colonial rule.

Total Egyptian cotton exports rose by 94.3 percent year on year, in the period from December 2014 to February 2015, the national statistics agency reported in May.

(reporting by Mohamed Gad)

Muslim-American Community Raises Funds To Rebuild Burned Black Churches In The US
Journalists Gravely Concerned About Egyptian Anti-Terrorism Law Pending Presidential Approval

Subscribe to our newsletter


  • Pingback: Cotton faces unrelenting synthetics competition()

  • Stella Xydia

    The Egyptians have always had the courge to ensure that their produce be protected no matter what…. This is the only way for the Egyptian economy to be competitive in prices and in quality. Do not let foreigh products infiltrate and destroy what is Egypt’s wealth and the future of its children!

  • Susan

    I commend your government for protecting locally produced cotton, which is of very high quality. Protecting producers protects the local economy.

News
@AswatMasriya_En

Aswat Masriya is a Thomson Reuters Foundation-sponsored website that covers Egypt's transition to democracy. en.aswatmasriya.com

More in News

Egypt’s House of Representatives Approves a $500 Million Loan to Reform Education

Marwan ShalabyJuly 18, 2018

Egyptian Parliament Passes New Law to ‘Fight Fake News’

Mirna AbdulaalJuly 18, 2018

Egyptian Military Officers May Receive Immunity Over 2013 Muslim Brotherhood Crackdown

Sabah KhodirJuly 17, 2018

Foreign Residents To Be Granted Egyptian Nationality For a Deposit of 7 Million LE

Mirna AbdulaalJuly 16, 2018

Case Of Three Slaughtered Children Found in Plastic Bags in Egypt Solved

Sabah KhodirJuly 16, 2018

New Administrative Capital Will be Egypt’s First Smart City

Mirna AbdulaalJuly 15, 2018

Six Egyptians Selected Among Young Africans for Obama Leadership Program

Egyptian StreetsJuly 15, 2018

Egypt’s Two Female Weightlifters Win Gold Medals at IWF Junior World Championships

Mirna AbdulaalJuly 14, 2018
Egyptian Streets is an independent, young, and grass roots news media organization aimed at providing readers with an alternate depiction of events that occur on Egyptian and Middle Eastern streets, and to establish an engaging social platform for readers to discover and discuss the various issues that impact the region.

© 2017 Egyptian Streets. All Rights Reserved.