EU AND CHINA TALK TO AVOID TEXTILE TRADE PROBLEMS IN 2008
June 1st, 2007
BY KEITH NUTHALLTHE EUROPEAN Union (EU) and China are negotiating an agreement on handling their trade in textiles and clothing, once outgoing World Trade Organisation (WTO) restrictions are removed on December 31, 2008, and special protections for EU producers end this December.EU trade Commissioner Peter Mandelson and Chinese commerce minister Bo Xilai met this Tuesday in Brussels to assist these talks, with Mandelson claiming later: "We were both cognisant of the...re-entry problems of the return to normal trade and we agreed that we wanted to avoid any ...
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