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Global Clothing And Other Textile Trade Protection Will Be Increasing

2011/6/14 9:00:00 43

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A few days ago, leaders of three international organizations warned the leaders of the group of 20 countries (G20) that their governments had made too many decisions in the past six months.

Trade

Influential restrictive measures.

From mid October 2010 to mid April 2011, the group of 20 implemented 122 new trade protection measures, textiles,

clothing

And cotton projects are targets for trade restrictions.

Such measures include increasing import tariffs, anti-dumping investigations, licensing and export restrictions.

World Trade Organization (WTO) chairman Pascal Lamy, world

Economics

AngelGurria, Secretary General of the OECD, and Supachai Panitchpakdi, Secretary General of the joint China World Trade Center Conference on Development (UN), 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 requirement for the importation of many new industrial products to apply for the "non automatic import license", covering products including textiles and clothing.

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 lifted the restrictions on the export of cotton yarn since April 1, 2011. Instead, the new notice stipulates that the export of cotton yarn must be registered with the foreign trade administration of the Ministry of Commerce of India from March 31st onwards.

Turkey is the major exporter of textiles and clothing in January 2011 to investigate the safeguard measures for importing shuttle woven fabrics and clothing products, and will implement tariff on temporary safeguard measures since July 21st this year.

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