Home / Knowledge / News / Textiles / New trade initiatives for Least Developed Country
New trade initiatives for Least Developed Country
15
Dec '11
In advance of the 8th Ministerial Conference of the World Trade Organization, United States Trade Representative Ron Kirk today announced steps aimed at enabling Least Developed Country (LDC) members of the WTO to benefit more fully from global trade.

Building on already robust programs providing preferential access to the U.S. market for LDC exports, as well as ongoing contributions in Aid for Trade and trade-related capacity, new, additional initiatives include:
• renewal of a successful technical assistance program for West African cotton producing countries,

• expansion of duty-free-quota-free treatment for certain cotton grown in LDCs, and

• additional help for countries seeking to make maximum use of existing U.S. trade preference programs.

“For decades, the United States has been a strong partner to least-developed countries. We want to see these partners have a greater stake in global trade and overcome constraints inhibiting faster progress,” said Ambassador Kirk.

“This is why, even before the announcement of these new initiatives, the United States has been one of the largest single-country providers of trade-related technical assistance, and why President Obama has made partnerships with developing countries, including LDCs, a key component of his trade agenda. We look forward to pursuing new trade initiatives in close cooperation with our LDC partners at the WTO Ministerial Meeting this week and in the future.”

Earlier this year, the United States also announced a new African Competitiveness and Trade Expansion initiative, as well as a Partnership for Trade Facilitation through USAID. The U.S.

Administration has also announced that it will work energetically with the Congress in 2012 to enact legislation extending AGOA's “third country fabric” provision to 2015, thereby sustaining existing benefits available to African exporters of apparel.

The United States already offers duty-free treatment to many countries' products, while promoting high standards of accountability, transparency, and good governance. U.S. programs make special efforts to link trade and economic opportunity for countries ravaged by disaster or violence.

The United States also leverages public-private partnerships to achieve the maximum impact for communities in poor and developing countries.

United States Trade Representative


Must ReadView All

Apparel/Garments | On 25th Jun 2017

Half of 7,000 new apparel online each day target women

Adobe has released its first Digital Price Index for apparels,...

Textiles | On 25th Jun 2017

First Insight, Chico's FAS enter partnership

First Insight, a technology company transforming how retailers make...

Apparel/Garments | On 25th Jun 2017

Expand changing use of social and web resources

With over 400 million impressions to date and web traffic of over two ...

Interviews View All

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search