Investment Potential Is The Potential Of African Textile Trade Exhibition.

Meles, Prime Minister of Ethiopia, attended the "2012- Ethiopia from Africa".

In the exhibition, 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 one of the producing areas of textile and clothing products, thereby changing the concept of doing business in Africa.

The "Africa 2012- Ethiopia" trade show focuses on the creativity and creativity of African cotton (20535, -120.00, -0.58%), textile and garment industries. The exhibition provides a display platform for manufacturers of products such as cotton, textiles, fabrics and garments, which fully embodies African textiles and

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.

The exhibition is organized by the African Federation of cotton and garment manufacturers and the Ethiopia textile and apparel manufacturers association.

The sub Textile Industry Development Institute jointly held.

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.