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    Us AAFA Urges The Government To Stop India'S Cotton Export Ban

    2010/12/6 16:04:00 72

    AAFA

       American Apparel and Footwear Association (AAFA) to petition US Secretary of state Hilary Clinton, US Secretary of defense Robert Gates, US Secretary of agriculture Vilsack, US Secretary of Commerce Luo Jiahui, and US trade representative Kirk, asking the US government to take immediate action to stop the India government's continued ban on cotton exports or extend the export ban to cotton yarn or cotton as the main raw material.


    Kevin Burke, President and chief executive officer of AAFA, said: "since April 2010, India has restricted or banned. Cotton export The world's cotton prices have risen to the highest price in 150 years. In the past 8 months alone, cotton prices have more than doubled to $1.40 / pound. The prices of clothing and shoes will also rise rapidly, and hard-working American families will be overwhelmed, but at this point, they will not be able to bear.


    He said: "cotton prices have skyrocketed, leading to confusion in the manufacturing base of American clothing, shoes and textiles for the US Army. American workers provide clothing for our front-line soldiers and women, but now they rush to buy Cotton in panic, aiming to ensure the completion of the existing contract, while they are distressed at the future contract price.


    Before the India government banned cotton exports in April 2010, India was the second largest cotton exporter in the world. Because of the ban on cotton exports, the government of India has created turbulence and panic in the world market. India The government's action is a eleventh discriminatory act against GATT and a violation of GATT's agreement, which prohibits export ban which is beneficial to domestic industry. Specifically, the only purpose of India's export ban is to artificially reduce the price of investment in clothing and textile industry in India. However, India's clothing and textile industry is already the main competitor in the world market.


    The American Apparel and Footwear Association (AAFA) is a national industry association representing representatives of clothing, footwear and other sewing products companies and their suppliers to participate in global competition. The mission of AAFA is to promote and enhance its members' competitiveness, productivity and profitability in the global market by reducing management, business, political and trade restrictions.

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    Read the next article

    Development And Reform Commission: Rectifying The Order Of The Cotton Market Has Achieved Initial Success.

    In order to effectively implement the spirit of the State Council document No. 40 on "regulating the order of agricultural products and deep processing," recently, the cotton producing area government and relevant functional departments have intensified market supervision and achieved initial results.

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