Market Access in Textiles and Clothing - Linkages Between Trade and Trade Policy

Released on = June 1, 2007, 10:45 pm

Press Release Author = Bharat Book Bureau

Industry = Marketing

Press Release Summary = Quotas on international textile and clothing trade were
finally eliminated at the end of 2004 in accordance with the Agreement on Textiles
and Clothing (ATC). Since then, the attention of policy makers has shifted to the
question of import tariffs. Tariffs on imports

Press Release Body = Market Access in Textiles and Clothing: Linkages Between Trade
and Trade Policy

Quotas on international textile and clothing trade were finally eliminated at the
end of 2004 in accordance with the Agreement on Textiles and Clothing (ATC). Since
then, the attention of policy makers has shifted to the question of import tariffs.
Tariffs on imports of textiles and clothing in major developed countries are high
relative to those levied on other industrial products. Significant reductions in
these tariffs would therefore open up opportunities for trade expansion, which would
be of particular benefit to developing economies.

However, the potential for tariff reduction is hampered by the fact that developed
countries employ preferential tariff rates or duty-free access to favour particular
countries or regions as part of their trade policies. A further complication is the
use of origin rules which restrict preferential treatment to garments made either
from local materials, or from materials made in the country or region granting
special treatment-such as the USA or the EU. To achieve a comprehensive reduction in
tariffs-and hence an expansion of trade-a shared understanding and appreciation of
the issues is needed. The Doha Round of international trade talks provides a timely
forum for the discussion of such issues.


For more information, Please visit : http://www.bharatbook.com/detail.asp?id

Web Site = www.bharatbook.com

Contact Details = 207, Hermes Atrium,
Sector 11, Plot No.57
CBD Belapur

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