ETHIOPIA HAS HIGH HOPES OF BECOMING A HUB FOR THE CHINESE TEXTILE MARKET
February 1st, 2014
The Ethiopian Textile Industry Development Institute (ETIDI) has said that the call by Ethiopian President Mulatu Teshome in January for Chinese clothing and textile companies to invest in his country is grounded in good horse sense.“Ethiopia offers cheap labor, free rent, cheap electricity, duty free import of machinery and goods, favorable rules and regulations, cheap air freight, quality and Ethiopian cotton, ” Bantihun Gessesse, institute spokesperson told just-style.And his optimism was backed by Mr Sun Guoqiang, president of the Chinese Chamber of ...
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