Home / Knowledge / News / Textiles / The latest NAMA text by WTO is 'unacceptable', Mr Bill LAKIN
The latest NAMA text by WTO is 'unacceptable', Mr Bill LAKIN
02
Jun '08
Director General of EURATEX
Director General of EURATEX
The textile and apparel industry of the EU, represented by the European Apparel and Textile Organisation, EURATEX, has expressed its strong opposition to the latest non-agricultural market access (NAMA) text submitted to WTO members by the Group Chairman, Ambassador D. Stephenson, on 19th May 2008.

EURATEX considers that the implementation of the proposals contained in that text would represent a totally unbiased and unacceptable outcome to the Doha Development Agenda and demonstrate that the EU has made little effort over time to fulfil the terms of its own mandate adopted in December 2003.

This mandate would have required all WTO members, except the least developed, to reduce their textile and apparel tariffs to the lowest common level, and to eliminate non-tariff barriers.( ) Market access represents one of the highest priorities of the EU textile and apparel industry which exports close to 20% of its turnover, but this export effort is constantly hampered by high tariffs and a range of non-tariff barriers (NTBs) on emerging markets of particular interest such as Brazil, India and China.

EURATEX Director-General Bill LAKIN noted that the Stephenson text, with its widely varying coefficients and flexibilities, would de facto set the WTO seal of approval on the combination of tariffs and NTBs which those nations used to prevent competition on their internal markets. This would mean that they emerge unscathed from the round, with the EU acting virtually as the sole banker for the DDA in textile and apparel terms.

Must ReadView All

L-R Manish Singhai, COO, Peter England; Vinai Kumar Saxena, chairman, KVIC; Ashish Dikshit, business head, ABFRL and Anshu Sinha, CEO, KVIC while signing agreement. Courtesy: ABFRL

Textiles | On 24th May 2017

Aditya Birla & KVIC enter into a strategic partnership

Aditya Birla Fashion and Retail Ltd (ABFRL) and Khadi and Village...

Apparel/Garments | On 24th May 2017

G-III Apparel enters into license agreement with PVH

G-III Apparel Group has entered into a multi-year license agreement...

Textiles | On 24th May 2017

Co-optex records Rs 315 cr sales in 2016-17

Tamil Nadu Handloom Weavers' Co-operative Society, Co-optex, has...

Interviews View All

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Mohammad Hassan
Biax Fiberfilm

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

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Rupa Sood and Sharan Apparao
Nayaab

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

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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:
May 2017

May 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