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India's textile exports to the European Union will be excluded from EU's new GSP scheme, due to be effective from 1 January 2006. India's apparel exports will still enjoy tariff reductions by contrast. Bangladesh continues negotiating a change in rules of origin under the so-called EBA provision that grants duty-free entry while Sri Lanka will get duty-free access from 1 July.
The EU's Generalised System of Preferences (GSP) scheme that has been in operation for the past ten years has just been
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China has taken a stand against an EU probe into its footwear exports and has claimed that Brussels is manipulating trade figures and creating trade tensions between China and EU.Commerce Ministry spokesman Chong Quan stated that the China strongly counters the launching of an anti-dumping investigation by the EU that is being done without any practical or legal basis.Chong informed that China had formally represented with the EU on the errors in calculating trade statistics and appealed EU to e
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EU Member States have this afternoon backed EU Trade Commissioner Peter Mandelson? reform of the EU? Generalised System of Preferences (GSP). Agreement by Member States, led by the Luxembourg Presidency, breaks a three month deadlock in Council that has delayed the adoption of the new preferential access system. The reform of the GSP will make the EU? system of preferential market access for developing countries both simpler and fairer. While the new GSP system as a whole will apply from 1 Janua
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USA based Cotton Incorporated? fashion marketing director told "Cotton is a great fabric for summer shoes because it? so breathable. "Your feet have had enough. They?e been crammed and jammed into countless pairs of shoes, and they?e still a little cranky from spending so much time in your winter boots. It? time to make it up to them during summer with a new pair of cotton shoes.There? more to cotton footwear than just socks! Below, find some of our favorites for summer:Womens:Canvas Slip OnForg
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The Chinese Ministry of Commerce said Friday in Beijing that there is no scheduled talks in the coming weekend between China and the United States concerning textile trade, as some media reports claimed. A spokesman for the Information Office of the ministry told Xinhua that China and the United States are in the process of consultation on the textiles and garment trade issue, but the specific date for the second round of talks remains undecided. The United States imposed limits on imports of se
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Overall trade growth is occurring. In 2004, exports to the United States from the AGOA nations increased by 80 percent over the previous year. However, textile and apparel trade is relatively insignificant. When the pact was originally negotiated, US textile manufacturers fought hard and succeeded in getting a rule of origin that would require use of yarn and fabric made in the participating countries in order for finished products to enjoy duty- and quota-free access to the US market. There als
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Providing major relief for jute product manufacturers from the North East region, the Union Cabinet on Thursday approved a proposal to introduce a Bill in Parliament to amend the Jute Manufacturers' Cess Act 1983. The biIl if passed will allow the Centre to jute product produced from the region exempt from levy of cess for a specified period. Speaking to the media after the Cabinet meeting, the Defence Minister Pranab Mukherjee said the proposal if approved by the Parliament would increase the v
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The Pakistani government has made its mind to permit zero-rated supply of utilities to the whole textile industry and some other key donor parties to the export earnings.An official declaration on the issue is expected within a few days permitting the textile industries concerning to exports and domestic production, leather and leather products, carpets, sports and surgical goods besides a number of chemical industries adding the efforts to enhance the export system in Pakistan.Premier entrepren
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In a landmark agreement, top executives of Sub-Saharan Africa textile Industries have formed an African Cotton & Textile Industry Alliance. According to sources, this meeting was organized with the assistance of the Regional Agricultural Trade Expansion Support (RATES) programme, a Usaid-funded regional project.The decision to form African cotton and textile industry body, was taken at the inaugural Regional Cotton & Textile Executive Summit held recently in Nairobi in April 2005. "Under
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Several developing countries clashed with China at a meeting of the WTO Goods Council on 15 June regarding the role the WTO should play in addressing the problems of Members that have been adversely affected by the January 2005 elimination of quotas in the textiles and clothing sector. Jordan, Morocco, Tunisia and Turkey suggested that the WTO should "deal urgently" with the problems small developing countries are facing, including lower world prices, fierce competition from China and India, and