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Egypt impose export fee on scrap fabrics to support domestic textile industry

Related Keywords: avoid shortage of scrap in the local market, decision endorsed by Holding Company for Cotton, demand from textile manufacturers, Egypt witness growth in export of waste fabrics, impose export fee, protect the labor-intensive domestic textile industry, save raw materials, Tareq Qabil, the Textile Export Council, Trade and Industry Minister

Egypt has witnessed growth in the export of waste fabrics over the past three years, from 43 tons in 2013 to 294 tons in 2015, according to the Trade and Industry Minister Tareq Qabil. Trade and Industry Minister has imposed an export fee of LE3,500 per ton of clippings and scrap fabrics in response to the demands from textile manufacturers.

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