Africa'S Textile And Clothing Trade Has Great Attraction.
Meles, Prime Minister of Ethiopia, recently attended the "Africa 2012- Ethiopia" trade show. Africa's low labor and raw material advantages make its textile and garment industry attractive.
The exhibition aims to make global buyers, businessmen and designers aware of Africa as well.
Textile and clothing products
One of the areas of production, thereby changing the idea of doing business in Africa.
The "Africa 2012- Ethiopia" trade show focuses on the creativity and creativity of Africa's cotton, textile and garment industries. The exhibition provides a display platform for producers of cotton, textiles, fabrics and garments.
African textile
And clothing industry investment potential.
It is understood that Africa's cotton production is mainly concentrated in West Africa, accounting for about 65%.
African textile and clothing exports to the United States enjoy zero tariffs, but in 2010, exports of African textile and clothing to the United States amounted to only 730 million dollars.
African textiles and garments can enter the US and EU markets irrespective of taxes and quotas.
Africa's exports to the EU account for 4% of its textile and clothing exports, and there is also tremendous room and potential for development.
Meles, Prime Minister of Ethiopia (left two), affirmed the innovative ability of very ready made manufacturers.
The exhibition was jointly organized by the Federation of African cotton and garment manufacturers and the Ethiopia textile and garment manufacturers association and the Ethiopia Textile Industry Development Institute.
The exhibition attracted more than 60 exhibitors from African countries, the United States, Europe, India and China. The exhibits covered fabrics, textiles, clothing, interior decoration and fashion accessories.
During the exhibition, the "African fashion show" was held to show the talents and creativity of African designers.
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