EUROPEAN COMMISSION WARNS OF ANTI-RECESSION PROMPTED TRADE BARRIERS FOR CLOTHING AND TEXTILE SECTOR
October 1st, 2009
BY KEITH NUTHALL
A DETAILED European Commission report has listed trade barriers impeding European Union (EU) clothing and textile sales imposed to protect export market industries from the recession. Brussels is concerned that while these restrictions were designed to help vulnerable businesses survive the recession, they could cause long-term damage to Europe's producers.
The Commission stressed that without a Doha Development Round deal at the World Trade Organisation (WTO) governments have significant scope to tighten trading rules, which simply need to ...
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