Released on = April 28, 2007, 3:02 am

Press Release Author = Bharat Book Bureau

Industry = Marketing

Press Release Summary = The abolition of global textile quotas at the beginning of
this year has switched attention to other ways in which textile and clothing
producers in the developed world can compete against Asian giants such as China and
India.

Press Release Body = The abolition of global textile quotas at the beginning of this
year has switched attention to other ways in which textile and clothing producers in
the developed world can compete against Asian giants such as China and India. For
the US textile industry in particular, many of the responses have been little more
than knee-jerk reactions, including ongoing efforts to invoke a special
'threat-based' textile safeguard to stall large surges in clothing imports from
China under a clause negotiated as part of that country joining the World Trade
Organisation.

However, there are also other moves underway to expand export opportunities for
domestic companies and potentially provide more choices and better deals for
American consumers. One of these - the pending Central American Free Trade
Agreement, known as CAFTA - would provide five Central American countries (Costa
Rica, El Salvador, Guatemala, Nicaragua, and Honduras) and the Dominican Republic
with duty-free access to the US textile and apparel market. This month\'s briefing
from Leonie Barrie analyses CAFTA and reports on its impact, country by country

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