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    Egypt'S Ministry Of Agriculture Invested 225 Million Pounds To Support Cotton Industry

    2012/11/16 19:21:00 22

    EgyptCottonForeign Imports

     


     


      

    Egypt

    Salah Abdul Mumin, Minister of agriculture, confirmed that the Egyptian government encouraged farmers to grow cotton.

    The Egyptian government will allocate 225 million pounds for the purchase of domestic cotton instead of

    Foreign imports


    The Egyptian government will buy separately from upper Egypt and lower Egypt.

    cotton

    The price is 1000 per pound / Kanto and 1100 E / Kanto, which are based on the cost of production of the farmers.


    In addition, Mu Ming said the government expects that the planting area of wheat will not be less than that of last year. Last year, the wheat planting area was 3 million 100 thousand.

    At present, the purchase price of wheat has not been determined, but it will never be lower than last year's price.

    Last year, the purchase price of wheat was 380 E / Hilda Bo. It is certain that the profit of wheat growers has reached 10 thousand E / F on the basis of this price.


    Salah Abdul Mumin, Minister of agriculture of Egypt, confirmed that the Egyptian government encouraged farmers to grow cotton.

    The Egyptian government will allocate 225 million Egyptian pounds to buy domestic cotton instead of importing from abroad.


    Egypt, known as the Arabia Republic of Egypt, spanning two Asian and African continents, mostly located in northeastern Africa. Only the Sinai peninsula east of the Suez canal lies in the southwest corner of Asia.

    The north is near the Mediterranean Sea, the East is red sea, and the land is Asia, Africa and Europe. The three continents are about 2700 kilometers long.

    The country is mainly Arabs and believes in Islam. Its official language is Arabic, the capital of Cairo.

    Egypt's population and agriculture are mainly distributed in the Nile River and the estuarine delta area, and it is one of the birthplaces of human civilization.

    Egypt has rich tourism resources and numerous cultural and historical sites.

    The economy depends mainly on agriculture, oil exports, tourism and labor export.

    In addition, 3 million Egyptians worked in Saudi Arabia, Gulf States and Europe.

    Egypt is an important cotton producing and exporting country in the world.


    (the real time exchange rate used in this manuscript is US $1 =6.1146 E).


    Note: Kendal weighed about 44.928 kg for Egypt.

    The area of Egypt is about 42 acres or gillat.

    Hilda Bo is the volume name, which is about 197.6 liters or 44 gallons.


      

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