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Egyptian leading carpet manufacturer Oriental Weavers Group targets boosting its exports to Russia to US$5 million at the end of 2016, Marketing Manager Hany Amin told Amwal Al Ghad Thursday.
Amin said that company’s exports to Russia has dropped 30 percent in 2015 to record $3 million due to the decline of ruble price against dollar.
Amin added that Oriental Weavers started exporting to Russia since 1990 through participating in a fair for Egyptian products then taking part in other exhibitions with large companies.
Oriental Weavers Group is one of the world’s largest carpet, rug and related raw materials producers.
