EFEC: Furniture exports increased in 6 months

Egyptian furniture exports had reached LE1,000,533 for the first six months of 2014, up until July.
Egyptian Furniture Export Council (EFEC) indicated to increase in exports between January and July 2014 compared to the same period in 2013 by 1.06 percent.
Ihab Idris, EFEC chief, said furniture industry in Egypt requires support by taking quick decision regarding importing of furniture from China and Turkey.
The flow of Chinese imports threatens the Egyptian industry, Idris said, adding that they access the country with tariffs lower than their real value, which harms the Egyptian industry as well as the chance to receive high customs from the items. Idris stressed the necessity to take measures to confront the situation.
Edited translation from Al-Masry Al-Youm

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