GAFTT opposes Sino-EU deal unblocking Chinese textiles
09 Sep '05
2 min read
The Global Alliance for Fair Textile Trade (GAFTT) criticized the increased market access given to China in the renegotiated European Union (EU)-China textile deal announced on Monday.
The EU-China deal is expected to allow all textile and clothing goods from China trapped in embargo to be released immediately into the EU market. The first 50 percent released will not count against quota limits of any kind.
The remaining 50 percent will count against quotas imposed on China in 2006. This access, amounting to tens of millions of garments, represents potential business taken from GAFTT member countries and given to China, a country that manipulates world textile prices in order to gain an unfair market advantage.
"GAFTT opposes any deal allowing Chinese products into the European Union in excess of quota limits where the quota is not entirely repaid. In this case, 50 percent of what is released into the EU market will not be repaid."
This is business taken from legitimate manufacturers – both from inside the European Union and outside it – and it is being given to a country that refuses to play by the rules, said Ziya Sukun, Executive Director of ITKIB Association USA and a GAFTT founding member.