Related Keywords: Alexandria Cotton Exporters Association, dropped by almost a quarter, Egyptian cotton export, first half of current marketing year, lifting of a decades-old state subsidy to cotton farmers, local spinning industry, long-staple cotton, selling price of cotton, years of neglect and recent government spending cuts on subsidy have taken their toll
Exports of world famous Egyptian have dropped by almost a quarter in the first half of the current marketing year, which starts in September, compared to a year earlier, figures released by state statistics agency CAPMAS showed. Exports have dropped sharply as years of neglect and recent government spending cuts on subsidies have taken their toll.
