Textile companies to seek raw materials in Egypt
07 de novembro de 2017
Three enterprises from Brazil have been invited by the Egyptian government to the Destination Africa expo next week in Cairo, where theyll sit down with inputs suppliers. The Arab Brazilian Chamber will be there.
São Paulo – Three Brazilian enterprises will be involved in a textile industry purchasing project carried out by the government of Egypt. Textiles maker Fiama, yarn maker Círculo and elastic band manufacturer Damenny have been invited to see Egyptian-made raw materials, in an action backed on the Brazilian side by the Arab Brazilian Chamber of Commerce and the Consulate of Egypt in São Paulo.
The event will take place during Destination Africa, a textile industry show slated for November 11 and 12 at the Nile Ritz Carlton Hotel in Cairo, the capital of Egypt. The expo will feature 100 companies from 15 African countries and over 300 international buyers, according to its website.
“Egypt has invited lots of buyers from several countries, including Brazil, since our main focus is on big countries that import large amounts of textiles and clothing items. Brazil is a key partner for Egypt, and we will work on having more Brazilian companies in upcoming editions of Destination Africa,” Egypt’s commercial consul to São Paulo Mohamed Elkhatib told ANBA.
Egypt is a major cotton-producing country, and the quality of its cotton and cotton products is world-renowned. Through September this year, 1,300 tons of Egyptian cotton and yarn were imported to Brazil, with sales amounting to USD 6 million, according to the Foreign Trade Secretariat (Secex) of the Brazilian Ministry of Industry, Foreign Trade and Services.
In September, a Mercosur-Egypt free-trade agreement entered into force that covers cotton and textiles. “I believe there’s a good chance that imports of cotton, fabric, textiles, clothing and bedding items to Brazil from Egypt will increase in the wake of this event, especially as the Egypt-Mercosur free-trade treaty becomes effective,” Elkhatib said.
Personnel from the Brazilian companies will travel alongside the Arab Chamber’s International Business executive Fernanda Baltazar. At the expo, they will be able to see product by all exhibitors. They’ll also sit down for business discussions with Egyptian executives in prescheduled meetings, as well as make technical visits and engage in cultural activities.
Exhibitors in Destination Africa will include major Egyptian textile industry players such as Elkotb Textiles, which specializes in products including warp knitting items, sports clothing fabric, lingerie and Velcro; and Spinalex, one of the national industry leaders, which makes Egyptian and American yarn for export.
Travel and accommodation costs for the Brazilian businesses involved will be covered by the Egyptian government. In addition to products and services, Destination Africa will feature a conference on November 12. The Arab Chamber’s Fernanda Baltazar will assist the Brazilian executives in their activities in Egypt.
*Translated by Gabriel Pomerancblum