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Egyptian govt decides on no subsidies for cotton farmer or spindles during next season

Related Keywords: cotton farmer, cotton yarn exports’, CTIHC, Eastern Cotton Company, Egypt textile industry, Egyptian Minister of Agriculture and Land Reclamation, harm the cotton, long staple cotton cultivation, spindles

The Egyptian Minister of Agriculture and Land Reclamation Adel El-Beltagy announced on Sunday that the state will not offer any form of subsidies for cotton farmers or spindles during the next season pointing out that long staple cotton cultivation is very expensive and there is no demand for it either domestically or internationally.

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