Home / Knowledge / News / Textiles / EU imposes stiffer safeguards on textile imports
EU imposes stiffer safeguards on textile imports
03
Mar '12
High and upper-middle income countries should be taken off the EU's generalised trade preferences (GSP) list, so that more can be done to help developing countries most in need, said International Trade Committee MEPs, in a vote on plans to update the scheme. At the same time, MEPs stiffened safeguards to prevent textile imports from disrupting the EU market.

MEPs backed a European Commission plan to update the GSP scheme to reflect recent shifts in world trade patterns, by removing preferences for EU imports from countries on the World Bank's high or upper middle per capita income list (including Russia, Brazil, Kuwait, Saudi Arabia, and Qatar).

The changes would reduce the number of countries that enjoy preferential access to EU markets from 176 to about 80. Imports qualifying for preferences would be reduced from €60 billion in 2009 (4% of total EU imports) to about €37.7 billion.

This is the first time that Parliament has exercised its power, introduced by the Lisbon Treaty, to legislate on the GSP.

"Taking the more economically-competitive countries out of the scheme creates room for a small increase in preferences for the remaining beneficiaries", argued Christofer Fjellner (European People's Party (EPP), SE), who drafted the report.

The committee also voted to extend the range of products covered by the GSP to include some raw metals (aluminium oxide, lead, cadmium and others), that are of particular value to countries (most in Africa) that would remain in the GSP scheme.

MEPs also amended the proposals to stiffen safeguards to protect the EU textile and clothing industries against very low-cost imports from third countries. Tariff preferences for these products would be removed if EU imports grew by 12.5% in a year (down from the Commission's proposal of 15%), or if imports of specific products exceed 6% of total EU imports (down from the Commission proposal of 8%)

The Generalised Scheme of Tariff Preferences (GSP) grants trade preferences, such as zero or reduced tariffs, for developing countries' exports to the EU, so as to help them reduce poverty and promote sustainable development and good governance. It has been in operation since 1971.

The current GSP scheme has been in effect since 2009 and expires at the end of 2013, so the new regulation has to be in place by 1 January 2014 at latest.

The committee decided to start informal three-way talks with the Council and Commission, with a view to reaching a first-reading agreement.

Eu Parliament


Must ReadView All

Courtesy: Hela Clothing

Apparel/Garments | On 18th Jun 2018

Hela's latest label revolves around underwear, sleepwear

The latest collection of Sri Lanka’s Hela Clothing is revolves mostly ...

Digital textile printing sector to grow by 20% by 2020

Textiles | On 18th Jun 2018

Digital textile printing sector to grow by 20% by 2020

The digital textile printing sector is expected to have a compound...

Kenya levies higher duties on mitumba import

Apparel/Garments | On 18th Jun 2018

Kenya levies higher duties on mitumba import

Kenya’s treasury secretary Henry Rotich recently raised the duty on...

Interviews View All

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Claudia Kersten
Global Organic Textile Standard

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

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Paolo Crespi

For.Tex is an Italy-based leading producer of dyes and thickeners, and is...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Urs Stalder
Sanitized AG

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

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Yash P. Kotak
Bombay Hemp Company

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

Cigdem Akin
Cigdem Akin

She has carved a niche for herself as the national brand of Turkey. Her...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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

Leave your Comments


June 2018

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

news category


Related Categories:

Advanced Search