AAFA shows displeasure on failed WTO talks

31 Jul '08
1 min read

“The American Apparel & Footwear Association (AAFA) and its members are frustrated that the latest round of multilateral trade talks under the World Trade Organization (WTO) had to be suspended because not all countries were willing to make the necessary concessions to open their markets.

Special thanks go to United States Trade Representative Ambassador Susan Schwab, and the entire U.S. government negotiating team in Geneva and here in Washington, for standing strong and refusing to accept a poor deal just to bring a conclusion to the talks. It is better to walk away empty handed today, with the hopes of a better negotiation in the future, than to agree to an imbalanced trade agreement.

The goal of the ambitious Doha Round is to reduce tariffs significantly and eliminate non-tariff barriers worldwide. To that end, all WTO member countries need to demonstrate strengthened commitment to the process through willingness to adapt and work tirelessly toward a compromise that benefits all. But until there is a successful and proper conclusion to these multilateral trade negotiations, the citizens of the world lose.”

American Apparel & Footwear Association

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TESTEX AG, Swiss Textile Testing Institute
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