WTO QUOTAS: THE END

BY KEITH NUTHALLTHE FORMAL decision has been taken by the European Union (EU) Council of Ministers to abolish all remaining textile and clothing import quotas for World Trade Organisation (WTO) member countries from January 1. It means 210 quotas affecting exporters from Argentina, China, Hong Kong, India, Indonesia, Malaysia, Peru, Philippines, Taiwan, South Korea and Thailand will go. Quotas for non-WTO members including Belarus, North Korea, Serbia & Montenegro and Vietnam will remain, although bilateral deals mean Vietnamese, Serb & Montenegrin quotas ...


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