Released on = April 19, 2007, 2:39 am

Press Release Author = Namrata

Industry = Small Business

Press Release Summary = Hampered by domestic political pressures and a lack of
international confidence, Syria's economy is expected to grow by only 1.5% during
2006-07.

Press Release Body = Profile of the Textile and Clothing Industry in Syria

Hampered by domestic political pressures and a lack of international confidence,
Syria's economy is expected to grow by only 1.5% during 2006-07. With progress so
slow, the government has targeted the textile and apparel industry-which accounts
for 30% of Syria's industrial employment-as a vehicle for growth and enterprise.
Through the General Organisation for Textile Industry (Goti), the administrative
centre of the public textiles sector, the government has invested heavily in new
production facilities in recent years, while maintaining a protectionist approach to
imported goods. There is a ban on imports of raw cotton, cotton yarns and fabrics
made mostly or wholly from cotton-except in special cases. Imports of carpets are
restricted by a 75% tariff.

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