Restrictions On World Textile Trade Are Increasing

The heads of the three international organizations have warned the leaders of the 20 nations group that their governments have made new trade restrictions in the past six months.

　　
    Trade in textiles, clothing and cotton All targets are set. From the middle of October 2010 to the middle of April 2011, the 20 countries' economy set 122 new restrictive measures. These include tariff increases, anti-dumping investigations, permits and export restrictions.

　　
"They seem to be under increasing pressure to resist protectionist restraint." Rami, director general of the World Trade Organization (WTO), Glia (Angel Gurria) of the United Nations Economic Cooperation and Development Organization (OECD), and Supachai, the head of the United Nations Conference on Trade and development (Supachai Panitchpakdi), raised the warning when they submitted their report to the group of 20 on Tuesday (May 24th), May 24th.

　　
Rami said collective measures "cause concern", that is, after the recent global financial crisis, trade protectionism is likely to be ready.

　　
The new measures include the re prohibition of Argentina. Import old clothes The list of products expanded, including Textiles and clothing Non automatic import licensing is adopted.

　　
In February 24th, Russia (and Belarus and Kazakhstan, part of a common free trade area) increased the import tariff of woven fabrics from 5% to 10%.

　　
Similarly, India was banned from March 31st. Cotton yarn export And issued a notice requiring the export of cotton yarn to be registered at the General Administration of foreign trade.

　　
Turkey is a major textile product. Garment exporting country In January, Turkey launched a special safeguard investigation on imported textiles and clothing. It is expected to impose a provisional tax in July 22nd.

　　
The WTO estimates that the new import restrictions adopted by the group of 20 economies will involve about $56 billion 500 million, or 0.6% of the total imports of the group of 20.