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Global Textile Trade Controls Are Increasing.

2011/6/9 11:18:00 50

Textile Trade Control

The leaders of three international organizations recently warned leaders of the G20 group countries that their governments have imposed too many restrictive measures on trade in the past six months in the past six months.


From mid October 2010 to mid April 2011, the group of 20 implemented 122 new control measures.

Spin

Product,

Ready-made clothes

And cotton projects are targets of trade control.

Such measures include increasing import tariffs,

Anti-dumping

Investigation, licensing and export restrictions.


The chairman of the World Trade Organization (WTO), Pascal Lamy, the Secretary General of the Organization for Economic Cooperation and Development, Angel Gurria, and the Secretary General of the joint China World Trade Center Conference on the development of Economic Cooperation (Organization), pointed out in a report submitted to leaders of the group of 20 in the canal in May 24th, "they seem to be under increasing pressure to resist trade protectionism".


Lamy said collective regulatory trade measures are raising fears that trade protectionism measures may be ready with the recent global financial crisis.


Such measures include the re prohibition of imported clothing used by Argentina, and the import of new industrial products, which require the application of the "non automatic import license", covering products including textiles and clothing items.


In February 24, 2011, Russia (and the common free trade area of Belarus and Kazakhstan) increased the import tariff of woven fabric products from 5% to 10%.


Similarly, the India government has lifted the restrictions on the export of cotton yarn since April 1, 2011. Instead, the new notice stipulates that the export of cotton yarn from March 31st must be registered with the Directorate General of foreign trade of the Ministry of Commerce of the India before shipment.


Turkey is a major exporter of textiles and clothing. It also launched a survey on defensive measures for importing shuttle woven and garment products in January 2011 and will introduce provisional defence duties since July 21st this year.


WTO estimates that the new restrictions imposed by the group of 20 on import measures amounted to US $56 billion 500 million, accounting for 0.6% of the total imports of the group of 20.



 

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