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

Courtesy: American Apparel

Apparel/Garments | On 25th Feb 2017

Gildan to make some American Apparel products outside US

Gildan Activewear, which recently acquired US fashion brand American...

Courtesy: Kolon Sport

Apparel/Garments | On 25th Feb 2017

Kolon Sport to set up JV with ANTA for Chinese market

Kolon Sport, an outdoor gear and clothing brand of Korea based Kolon...

Designer Karishma Jumani with Niraj Jawanjal, founder and director of IIFW. Courtesy: IIFW

Textiles | On 25th Feb 2017

IIFW to bring together premium lingerie brands

India Intimate fashion Week (IIFW), dedicated to showcasing the...

Interviews View All

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

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
February 2017

February 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search