Trade groups voice concerns about two textile proposals
14 Dec '05
1 min read
In a letter to President Bush, a group of 24 US House Members, including 11 representatives from North Carolina, and two textile-trade organizations communicated their concerns about two international proposals.
The proposals are to be discussed during the Doha round of the WTO meet in Hong Kong.
The European Union has proposed duty-free and quota-free entry to the US market for all industrial products, including textiles, for least-developed countries like Bangladesh and Cambodia.
The European Union proposal would pave the way for China to increase its US market share since China supplies nearly 60 percent fabric to Bangladeshi and Cambodian textile manufacturers.
The letter said that if US would not work at a separate textile-negotiation sector, China and other countries would push US textile tariffs below 5 percent and crumble the economic and political stability.
Other proposal is intended for taking possession of international textile and clothing trade issues in its own negotiating sector.
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