The Chinese minister said China would not like to see the disputes in garment trade will do harms to the general trade between China and Spain.
China-Spain trade reached 7.3 billion US dollars last year, as against 120 million dollars in 1973 when the two nations forged their full diplomatic ties. China's clothing exports to Spain added up to 900 million US dollars last year, 12.4 percent of the total two-way trade between the two countries.
For his part, Minister Montilla said the Spanish government hascome to realize the importance of world textile trade liberalization and urged Spanish clothing firms to look for new ways out. He expressed the belief that the current disputes would be appropriately resolved through dialogue and consultation.
In addition, Montilla appreciated China's efforts in keeping its pledges concerning its accession to the WTO, and said Spain hopes to uplift the level of cooperation with China in areas of tourism, finance and two-way investment.
Ministry of Commerce - China
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