
| Central Europe textile trade can be fully liberalized by the end of 07? |
| Release date:2016-6-15 News sources: |
| According to the agreement reached between the European Union and China, since January 1, 2008, the 10 categories of imports of Chinese textiles will no longer be subject to quota restrictions. The EU believes that the issue of EU Member States and the relevant industries are becoming increasingly important, and to give a high degree of concern. Recently, the EU Trade Commissioner Mandelson said it would closely monitor the situation before the expiration of the quota system from the Chinese textile imports. He pointed out that the extension of the implementation of the quota limit to be agreed by the Chinese side, and stressed that the EU is working with China to implement a voluntary agreement, rather than a single aspect of China''s textile and apparel import quotas. It is said that the EU has no intention to continue with China''s textile agreement. Mandelson also said that the tariffs, quotas, and other protective measures will not eliminate from the competition of China or other Asian countries, European manufacturers must rely on continuous innovation to cope with competition from countries with low labor and production costs. According to WTO recently released the "Global trade report" shows that in 2006 China''s textile and apparel exports to the United States and the European Union is not affected by the import quota. As China''s textile exports to the good, with protective measures will be terminated by the end of 2007, the European textile and apparel manufacturers have long urged the EU to maintain the existing quota. The United States on the implementation of China''s textile imports of similar quotas will expire at the end of 2008, the European industry has expressed concern about this. European producer of the French Textile Association, said that this means that in 2008, the EU market will be the only major export of Chinese textiles. The EU needs to consider whether it is necessary to maintain the current quota level, to prevent a large influx of Chinese textile. Such as the 2007 quota soon run out, it will be possible to promote the EU industry in 2008 to implement the requirements of the new quota. However, from the current quota use situation, if the situation is not the same, most of the categories of the quota will be the same as in 2006, will not run out of. Now it seems that the EU and China textile trade is expected to be fully liberalized by the end of 2007, but the results are still not clear. Italy, France and Spain, which support the implementation of a protective measure of EU Member States, may force the EU authorities to maintain import quotas to further protect their industries from China''s impact. |
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