WTO QUOTA TALKS

BY KEITH NUTHALLWORLD Trade Organisation (WTO) director-general Dr Supachai Panitchpakdi has launched talks with member countries on maybe staging an emergency meeting of the WTO council for trade in goods on the oncoming abolition of textiles and clothing quotas. He has been consulting on this idea, proposed by Mauritius, Bangladesh and Nepal, which want the council to examine the costs of adjusting to a global quota-free regime from January, under the WTO's agreement on textiles and clothing. Some developing world exporters are concerned about losing domestic ...


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