Source: Xinhua| 2017-07-25 02:33:50|Editor: huaxiaVideo Player CloseADDIS ABABA, July 24 (Xinhua) -- Ethiopia has a target to generate 30 billion U.S. dollars in foreign exchange earnings from the textile and garment sector by 2030, according to Bogale Feleke, Ethiopian Deputy Minister of Industry. The deputy minister made the remarks while addressing a workshop organized to promote Ethiopia's textile industry sector held in Ethiopia's capital Addis Ababa on Monday. "We intend to increase our area of cotton production. The east African country is on the constant effort to increase its cotton production, Feleke told workshop participants gathered from the Ethiopian Investment Promotion and International Trade Centre. According to the World Investment Report's 2016 edition, the east African country is the second largest in attracting Foreign Direct Investment (FDI) in the textile industry sector, next to Vietnam.

Source: Ethiopian News July 24, 2017 18:33 UTC