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TEA explained the need for India to sign as quickly as possible free trade agreements with the European Union (EU), the United States and the United Kingdom, a comprehensive economic partnership agreement (CEPA) with Australia and a comprehensive economic cooperation agreement (CECA) with Canada to have a level playing field in the global market to counter increasing Chinese investment in India’s neighbouring countries.
China is silently entering India using the advantages made available to Bangladesh, Vietnam, Cambodia, Sri Lanka and Myanmar by the EU and the United States, TEA alleged in the letter. The association requested research and development support to the Tiruppur cluster, primarily for product diversification and also strengthen the design capabilities. (DS)
Fibre2Fashion News Desk – India
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Letter to Editor
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