U.S. Textile Industry to Extend the Quota Limit for the Final Sprint

43 countries textile manufacturers began to extenda number of less developed countries in Asia and
the quota deadline for the final sprint to do. Tuesday,Latin America's textile products have a certain degree
they and dozens of countries, industry leadersof market protection. But in 1994, the WTO textile
convened in Brussels on a three-day conference,and clothing agreement to make decisions, using 10
including Bangladesh and Turkey's textile sectoryears to phase out all quota.
leadership, goal is to extend the quota system toIn fact, India has some WTO members had rejected
launch a campaign deadline.the trade protectionism. Permanent Representative
According to the American Textile Manufacturersof India WTO said in a letter, "Obviously, most of
Association, said that so far, from 43 countries ofthe quotas will expire on the last day the agreement
the 81 trade union has been in Turkey's so-calledwas canceled. This point, the process of phasing out
"Istanbul Declaration" signed the. Last week, the U.S.of quotas and the agreement runs counter to
textile industry successfully persuaded 130 members,expected results." The letter said The European Union
including Democratic presidential candidate Johnkein 1994, more than 303 kinds of quota categories, to
force, wrote to President Bush, asking him to urgedate only 91 cancellations. There are 212 kinds of
the WTO to convene an emergency meeting torest, or 70%, still in use quotas. Similarly, in Canada a
reconsider the termination of the quota period.total of 368 kinds of quota categories, canceled only
The lawmakers asked the U.S. government to put76, the remaining 292, or 79%, still in use quotas.
pressure on the WTO, the textile and apparel quotaRecently, 80 members of the International Textile
deadline extended until the end of the end of 2007,and Apparel Council, Mr Chandrasekhar has been held
they said, otherwise, India and China's exports wouldin New Delhi in the 39th annual meeting of industry
flood the world market, resulting in about 30 millionwarned that the WTO, "Trade protectionism will find
workers unemployed. So far, Washington is stillor invent other ways to stop the abolition of quotas."
opposed to extending the quota period. U.S. TradeLess than 3% of total global trade of textile industry
Representative's office spokesman said the Unitedin India directly employs 35 million workers, the
States is prepared to comply with its commitmentscontribution of GDP to 4%, accounting for 25% of
to the international community. However, thisIndia's export earnings. Recognizing that the textile
problem may be in the November presidential electionindustry in the next 5 years a bright future, the
to become a hot spot.Government of India for the development of textile
Start from the 60's textile import quotas will end withand apparel goal is to export in 2010 reached 50 billion
the textile and apparel agreement to cancel, and nowU.S. dollars every year, Indian textile and garment
this problem is the WTO one of the fiercest fighting.exports to the scale of the current 120 million.
As the quota system, import quotas set each year,