Egypt’s Ministry of Trade and Industry and Switzerland recently announced scaling up collaboration to strengthen the competitiveness of Egyptian textiles and clothing producers. The aim is to boost exports, create jobs and raise incomes. The new initiative forms part of the three-year Global Textiles and Clothing (GTEX) programme.
The partnership for the initiative, ‘Egypt: Improving the International Competitiveness of the Textile and Clothing Sector’, was formalised by Egypt’s Minister for Trade and Industry Amr Nassar and ambassador of Switzerland to Egypt Paul Garnier in Cairo on September 22.
GTEX programme is funded by the Swiss State Secretariat for Economic Affairs (SECO) and is being implemented by the International Trade Centre (ITC), a joint agency of the World Trade Organisation and the United Nations.
The initiative will also be aligned with the Textiles and Clothing Programme for Selected Middle East and North African countries (MENATEX), which is funded by the Swedish International Development Agency (SIDA).