Home / Knowledge / News / Textiles / Textile sector clamours for safeguard measures
Textile sector clamours for safeguard measures
24
Aug '09
The government of Indonesia is contemplating setting up of safeguard measures in order to protect domestic industries from the impact of the Free Trade Agreements (FTA's) signed between the countries of the ASEAN and China and the one also signed with India.

Domestic manufacturers are demanding setting up of safeguard measures, particularly from the textiles sector which expects an influx of cheaply priced textiles and apparels from China and India, after the FTA with each of the countries comes in to effect.

Ansari Bukhari, Director General for metal, machinery, textile and miscellaneous industries in the Industry Ministry, said that, “There will be an issue, when protection in the form of tariffs will no longer be effective, whether because of an FTA involving ASEAN or otherwise”.

He said, “Safeguards could be imposed if there was evidence that a surge in imports of particular goods had led to loss of business for a domestic manufacturer and in such a case an investigation and time for the safeguard to take effect should now take no more than three months”.

The biggest concern has been raised by the textile sector which expects imports of textile products to double from the current US $900 to $1.8 billion in the next few years. The domestic market for textile goods currently stands at $7 billion.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Christian Dior

Fashion | On 25th Apr 2017

LVMH to acquire Christian Dior Couture for €6.5bn

LVMH and Christian Dior, which holds directly and indirectly 41 per...

Information Technology | On 25th Apr 2017

Self-repairing fabrics to be the future of fashion

It is the era of smart. Intelligent materials like self-repairing...

Textiles | On 25th Apr 2017

Indonesia revitalising textile sector

With exports of textile and textile products rising in Indonesia, the ...

Interviews View All

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Claudia Kersten
Global Organic Textile Standard

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

Steve Cole
Xerium Technologies

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

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Karan Arora
Karan Arora

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

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
April 2017

April 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