Quotas on textile and clothing exports, used by the US and European Union for four decades to protect domestic producers, will be abolished next year under a WTO agreement dating from 1994. Following which, China and EU agreed to establish a “double-check system” in bilateral textile trade on September 28. And the arrangement covers eight sensitive product categories: T-shirts, pullovers, trousers, bras, blouses, dresses, bed linen and flax yarn.

 
 

 

Under the WTO Agreement on Textiles and Clothing (ATC), by January 1, 2005, trade in textiles and clothing will be fully integrated into normal GATT rules as any other commodity and the prevailing quota restraints will be wholly eliminated. This is the matter the Chinese textile industry and the related industries should pay high attention to. more


The European Union (EU) Trade Commissioner Peter Mandelson is facing calls on Friday from the bloc's importers not to extend quota restrictions beyond this year on Chinese textiles. Mandelson will meet with representatives from European textile importers on Friday, hearing industry views on the transition to free trade in textiles and clothing with China in 2008, the European Commission said on its website. more