Home / Knowledge / News / Textiles / US cotton industry disappointed with WTO ruling
US cotton industry disappointed with WTO ruling
03
Jun '08
The U.S. cotton industry is disappointed that the World Trade Organization (WTO) Appellate Body failed to overturn the previous report of the Compliance Panel concerning U.S. compliance with the WTO's rulings in the original cotton dispute brought by Brazil.

As the National Cotton Council stated at the time the Compliance Panel report was made public, the Compliance Panel failed to consider appropriately the changes that were made to the U.S. cotton program since the original decision in 2004. The United States has already taken significant steps to comply with that original decision, including the elimination of the Step 2 program for cotton.

The decision is far removed from the current cotton market and the current operation of the U.S. cotton program. Today's decision was made with respect to the operation of the U.S. cotton program from 2003 to 2006.

The market has changed and the U.S. cotton program has changed. Expenditures under the cotton program components examined by the Compliance Panel have fallen dramatically since that decision was made. In fact, there will be virtually no expenditures under those programs for the foreseeable future.

World prices of cotton have strengthened significantly since the original panel ruling against U.S. cotton. It is simply not the case that world cotton prices are currently suppressed or were ever suppressed by payments made under the U.S. cotton program.

Cotton production in Brazil and in other countries like India has risen over the past four years, while cotton production in the United States has fallen significantly.

Must ReadView All

Textiles | On 29th Mar 2017

'Increase in demand for organic designer linen'

There has been an increase in the demand for organic designer linen....

Apparel/Garments | On 29th Mar 2017

Jo-Ann launches 'Buy Online, Pick Up in Store' service

Jo-Ann Fabric and Craft Stores, a specialty retailer of crafts and...

Courtesy: Pratibha Syntex

Textiles | On 29th Mar 2017

Pratibha Syntex wins C&A's Best Global Supplier Award

Pratibha Syntex, a leading manufacturer and exporter of knitted...

Interviews View All

Rahul Bhadani
Looksgud

Navigating through catalogues is a bit hasslesome

Abhishek Ganguly
Puma India

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

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Urs Stalder
Sanitized AG

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

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Yash P. Kotak
Bombay Hemp Company

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

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

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
March 2017

March 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