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    Restrictions On World Textile Trade Are Increasing

    2011/5/28 11:31:00 62

    Textile Trade

       The heads of the three international organizations have warned the leaders of the 20 nations group that their governments have made new trade restrictions in the past six months.


    Textiles, clothing and cotton trade are all set targets. From the middle of October 2010 to the middle of April 2011, 20 countries set 122 new restrictive measures. These include tariff increases, anti-dumping investigations, permits and export restrictions.


    "They seem to be under increasing pressure to resist protectionist restraint," said the world. Trade The director general Rami (Pascal Lamy), the Secretary General of the United Nations Economic Cooperation and Development Organization (OECD), Glia (Angel Gurria), and the head of the United Nations Conference on Trade and development Supachai (Supachai Panitchpakdi) raised the warning when they submitted their report to the group of 20 on Tuesday (May 24th).


    Rami said collective measures "cause concern", that is, after the recent global financial crisis. Trade protectionism It may be ready.


    The new measures include Argentina's re ban on imports of old clothes and the expansion of its list of products, including textiles and clothing, with non automatic import licensing.


    In February 24th, Russia (and Belarus and Kazakhstan) belonged to a common country. free trade Part of the area increased the import duty of woven fabrics from 5% to 10%.


    Similarly, India banned cotton yarn exports in March 31st and issued a notice calling for the export of cotton yarn at the General Administration of foreign trade.


    Turkey is a major exporter of textiles and clothing. Turkey also launched a special investigation on imports of textiles and clothing in January, and expects to impose a provisional tax in July 22nd.


    The WTO estimates that the new import restrictions adopted by the group of 20 economies will involve about $56 billion 500 million, or 0.6% of the total imports of the group of 20.

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