The government of Egypt has invited three Brazlian enterprises from textile industry. Textiles maker Fiama, yarn maker CÃrculo and elastic band manufacturer Damenny to see Egyptian-made raw materials, action backed on the Brazilian side by the Arab Brazilian Chamber of Commerce and the Consulate of Egypt in SÃ£o 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.
Egyptâ€™s commercial consul to SÃ£o Paulo Mohamed Elkhatib said that Egypt has invited lots of buyers from several countries, including Brazil, since their main focus is on big countries that import large amounts of textiles and clothing items. Brazil is a key partner for Egypt, and they will work on having more Brazilian companies in upcoming editions of Destination Africa.
Personnel from the Brazilian companies will travel alongside the Arab Chamberâ€™s International Business executive Fernanda Baltazar. At the expo, they will be able to see product by all exhibitors. Theyâ€™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.
In addition to products and services, Destination Africa will feature a conference on November 12. The Arab Chamberâ€™s Fernanda Baltazar will assist the Brazilian executives in their activities in Egypt.
According to the Foreign Trade Secretariat (Secex) of the Brazilian Ministry of Industry, Foreign Trade and Services, 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,
In September, a Mercosur-Egypt free-trade agreement entered into force that covers cotton and textiles. In the wake of this event, especially as the Egypt-Mercosur free trade treaty becomes effective, it is believed to be a good chance for increase in imports of cotton, fabric, textiles, clothing and bedding items to Brazil from Egypt.
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