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#1 2018-05-17 08:59:06

Registered: 2018-02-03
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CAIRO Zach Duke Cardinals Jersey , July 10 (Xinhua) -- Egyptian government on Monday pledgedto take measures to encourage cotton production and exports inorder to meet local demand and increase exports.

President Abdel-Fattah al-Sisi chaired a meeting to discussmeans to support the expansion of cotton planting and the textileindustry as a way to boost the national economy, the official MENAnews agency reported.

The meeting was attended by Prime Minister Sherif Ismail, Tradeand Industry Minister Tarek Kabi, Public Business Sector MinisterAshraf el Sharkawi, and Agriculture Minister Abdel Moneim elBana.

Sisi ordered "to set a reasonable price for the supply of cottonfrom farmers to encourage them to expand the cultivation of thisvital crop during the coming years in order to cover the needs ofthe local market and exporting Jhonny Peralta Cardinals Jersey ," the report said.

The president also stressed the importance of establishingintegrated companies for the spinning and weaving industry in newareas.

Kabi said that his ministry's strategy "focuses on the thespinning and weaving industry as part of four main sectors."

Known as "white gold," Egyptian cotton is world famous forproducing extra long fibers, which are ideal material for makingsoft and luxury fabrics and clothes.

Cotton production and exporting is a strategic sector ofEgyptian economy as it contributes 26.4 percent of the grossindustrial product and generates 7 billion U.S. dollars in annualexports, Kabi said.

Also, 25 percent of the labor force are working in around 7 Mike Matheny Cardinals Jersey ,000textile companies whose investments amount to 50 billion dollars,he said.

Egypt plans to double cotton production to 1.4 million qintar(160 kg) in the 2017-18 fiscal year starting in July from a yearearlier. Cotton production in Egypt has declined sharply since 2011due to political turmoil. Enditem

GENEVA, July 6 (Xinhua) -- Tourism in Africa is a flourishing industry that supports more than 21 million jobs, or one in 14 jobs, says a new report released Wednesday night by the United Nations Conference on Trade and Development (UNCTAD).

The 2017 report on African tourism for inclusive and transformative growth and economic development says that over the last two decades Brett Cecil Cardinals Jersey , the continent has recorded robust growth, with international tourist arrivals and tourism revenues growing at 6 and 9 percent, respectively, between 1995 and 2014.

Not all tourists to Africa come from abroad. Four out of ten international tourists in Africa come from the continent itself, according to the UNCTAD report.

In sub-Saharan Africa Carlos Martinez Cardinals Jersey , this number increases to two out of every three tourists whose travels originate on the continent.

Data backing this key finding show that, contrary to perception, Africans themselves are increasingly driving tourism demand in Africa.

"Tourism is a dynamic sector with phenomenal potential in Africa. Properly managed, it can contribute immensely to diversification and inclusion for vulnerable communities," said UNCTAD Secretary-General Mukhisa Kituyi.

But the report notes that African governments should take steps to liberalize air transport and promote the free movement of persons in order to realize the potential of intra-regional tourism for the continent's economic growth.

They should ensure currency convertibility and Kolten Wong Cardinals Jersey , crucially, recognize the value of African tourism and plan for it, it adds.

In Rwanda, the abolition of visa requirements for fellow members of the East African Community in 2011 helped increase the number of intra-regional tourists from 283,000 in 2010 Randal Grichuk Cardinals Jersey , to 478,000 in 2013, the report cited.

By collecting and comparing data from two different periods, 1995 to 1998 and 2011 to 2014, the report reveals that international tourist arrivals to Africa more than doubled: expanding from 24 million to 56 million.

Meanwhile Jedd Gyorko Cardinals Jersey , tourism export revenues more than tripled, increasing from 14 billion U.S. dollars to approximately 47 billion U.S. dollars. As a result, tourism now contributes about 8.5 percent to the continent's gross domestic product (GDP).

China, Germany pledge to take bilateral ties to higher levels

Xi, Merkel launch Panda garden in Berlin zoo

Xi Michael Wacha Jersey , Merkel watch friendly football match between Chinese, German youth teams

Bullet trains begin to travel from Beijing to Xiong'an New Area

Tourists visit Int'l Bazar at Urumqi in NW China's Xinjiang

Lotus flowers blossom across China

Hot dog eating contest held in New York

Take closer look at new Beijing-Shanghai overnight sleeper trains

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2018-05-17 08:59:06



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