BRAZIL AND INDIA OPEN KNITWEAR MARKETS FOR POOREST COUNTRY EXPORTERS
April 1st, 2010
BY KEITH NUTHALL
MAJOR emerging markets Brazil and India have told the World Trade Organisation (WTO) they are fulfilling commitments to open their markets duty-free to the 49 poorest countries worldwide (called 'least developed countries' of LDC) mostly sub-Saharan African, Asian and Pacific islands. New Delhi and Brasilia said ready-to-wear clothing were key exports that would benefit. Brazil said by mid-2011, 80% of tariff lines for exports from these countries would be duty free; India said governments should ask for this status - so far only 14 had. It ...
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