WTO ATC REPORT
August 1st, 2004
BY KEITH NUTHALLTHE BLOW to smaller developing countries far from key American and European markets from the abolition of protective quotas in January could be cushioned by the continuing use of preferential tariffs, a new World Trade Organisation (WTO) report has predicted. It suggests that "China and India will come to dominate the world trade in textiles and clothing", with producers in Europe, the US and Canada also losing sales, along with remote producers, such as Bangladesh. However, with tariffs still in place, importing countries could still help ...
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