India wrote to WTO saying it has substantial trade interest in the export of this fabric. India exported cotton fabrics worth $8.73 million in 2024 and $6.73 million in 2023.
"India would like to propose that consultations... take place virtually on September 23 to September 26, 2025, or on a mutually convenient date and time," it said.
The WTO Committee on Safeguards circulated to its members a September 16 notification by Indonesia concerning finding of serious injury or threat thereof to the domestic industries producing cotton fabric and a notification of proposed safeguard measure in the form of specific duty against the import of such goods.
ALCHEMPro News Desk (DS)
Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!