Home breadcru News breadcru Policy breadcru Almost there! EU-China textile deal

Almost there! EU-China textile deal

05 Sep '05
1 min read

It's almost there but yet not, it seems!

What with reports emanating from Beijing where EU trade Comissioner Peter Mandelson and China's Commerce Minister Bo Xilai are thrashing out the finer points under the negotiated settlement on the ongoing EU embargo on Chinese textiles.

Both sides have conceeded that a deal is in the offing but none have come out any concrete details.

Not anticipating any further problems Bo however said he was not sure an agreement would be signed on Monday.

He said, most of the issues were "solved."

Probably by evening today, the details may be out as Peter Mandelson was giving final touch to the deal.

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