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Egyptian govt allocates 300 m EGP to buy cotton crop

Related Keywords: Agriculture Minister Essam Fayed, allocated 300 million EGP, buy total cotton crop production, Eyptian government, long staple cotton, medium and short staple cotton, permitted to import cotton into Egypt, protect cotton cultivation, save textile industry

The Eyptian government to protect cotton cultivation has allocated 300 million EGP to buy the total cotton crop production during this season, Agriculture Minister Essam Fayed said.

This season so far about 200 million kilograms of cotton were produced. The government will pay each farmer 1,100 EGP ($170) for a quintal (100kg) of cotton grown in Upper Egypt and 1,250 EGP per a quintal of long staple cotton grown in the Delta.

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