Home / Knowledge / News / Textiles / India seeks African support for US cotton deal
India seeks African support for US cotton deal
14
Jun '10
India seeks support from a group of African countries to sustain its stand against the United States to continue a five-year-old cotton agreement, the newest blockade in taking multiparty Doha round trade talks, forward.

Although, the four African cotton producing countries, Burkina Faso, Mali, Benin and Chad, had publicly declared their disappointment last week, about the abandonment of agreements by the West, which were inked during the Hong Kong Ministerial Conference in 2005; Indian negotiators are dreary about their position, which is likely to get compromised due to American Lobbying.

As per a commerce ministry official, India does not heavily depend upon the exports of cotton, but the industry is yet important. And therefore, if the four African countries mentioned above, are brought out by US, then India will be left in a lurch.

Going along with the other developing nations, representatives of India have mentioned that, the Doha trade agreement cannot be solved, unless there is development in the implementation of the cotton trade rules set up in 2005, informed a WTO official.

As per the 2005 agreement, the developed countries were supposed to remove all forms of cotton export incentives in 2006 and thereby, provide duty and quota-free access for cotton exports from least-developed nations.

However, the defect in the plan is that cotton export incentives, total to about 10 percent of the world's incentives on cotton and the local incentives make up the rest.

Fibre2Fashion News Desk - India


Must ReadView All

Textiles | On 23rd Jun 2017

Textile ministry organises training workshop on GST

The ministry of textiles had organised training workshop on GST which ...

Apparel/Garments | On 23rd Jun 2017

Uware Brands into licensing agreement with Polaroid

Uware Brands has entered into a licensing agreement with Polaroid for ...

Textiles | On 23rd Jun 2017

Ralph Lauren ex-president Tiger of Sweden's new CEO

Hans-Christian Meyer, former president of Ralph Lauren Corporation,...

Interviews View All

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Urs Stalder
Sanitized AG

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

Steve Cole
Xerium Technologies

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

Silvia Venturini Fendi
Fendi s.r.l

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

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Yash P. Kotak
Bombay Hemp Company

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

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:
June 2017

June 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