Egypt cotton cultivation to dwindle further with the end of subsidy to growers

Related Keywords: changing government policy, core of Egypt economy, Cotton growers, Egyptian cotton, end of subsidy, international cotton prices, shrinking domestic market, white gold, world market

Cairo
Egypt cotton cultivation to dwindle further with the end of subsidy to growers
Summary: 
Egyptian cotton, the so-called “white gold” a byword for luxury that is prominent the world over and also the former core of Egypt’s economy and the source of many a trader’s fortune has been declining for years due to changing government policy, a shrinking domestic market and the vagaries of international cotton prices.

Egyptian cotton, the so-called “white gold” a byword for luxury that is prominent the world over and also the former core of Egypt’s economy and the source of many a trader’s fortune has been declining for years due to changing government policy, a shrinking domestic market and the vagaries of international cotton prices.

http://www.ft.com/intl/cms/s/0/cadf8480-9fbb-11e4-aa89-00144feab7de.html
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