Home / Knowledge / News / Textiles / India in talks with Egypt on cotton yarn import duty

India in talks with Egypt on cotton yarn import duty

28
Feb '12
India has requested consultations with Egypt as per the provisions of the World Trade Organization (WTO) Agreement on Safeguards, in response to Egypt's imposition of special import duties on Indian cotton yarn.

In December 2011, Egypt imposed a specific duty of 53 cents per kilogram on cotton yarn imported from India, claiming that rising imports form India were harming its local industry.

Mr. Siddhartha Rajagopal, Executive Director - The Cotton Textiles Export Promotion Council (Texprocil) told fibre2fashion, “India has requested for consultations within the relevant provisions of the WTO Agreement on Safeguards. Under Article 12.3 of the WTO Agreement, any country proposing to apply safeguard measures (in this case Egypt) has to provide adequate opportunity for prior consultation with members having a substantial interest as exporters of the product concerned (like India).

“Egypt has applied provisional safeguard measures under Article 6 of the WTO Agreement and imposed a duty of around 53 cents per kg of Indian cotton yarn. It has also held a Personal Hearing in the matter under Article 3.1 of the WTO Agreement on Safeguards on February 16, 2012. India has made detailed submission in the matter asserting that there is no case for imposing any safeguard duties by Egypt,” he informs.

Fibre2fashion News Desk - India


Must ReadView All

Pic: Ritu Manoj Jethani / Shutterstock.com

Apparel/Garments | On 31st Jul 2021

US firm Steve Madden moves production to Mexico & Brazil from China

As supply chain disruption remains a significant challenge, American...

Pic: GBG USA

Apparel/Garments | On 31st Jul 2021

Apparel & footwear firm GBG USA files for bankruptcy protection

GBG USA, an indirect wholly owned subsidiary of Global Brands Group...

Pic: Shutterstock

Apparel/Garments | On 31st Jul 2021

Asian garment industry market concentration, consolidation rise: ILO

Although Asia's garment market rose in size in value terms before the ...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Marry with brand ethos

Textile Industry, Head honchos

Textile Industry
Head honchos

Multi-functional garments will be next big thing

Textile Industry, Head honchos

Textile Industry
Head honchos

Strongly believe in 'people first' policy.

Meghavi Suthar,

Meghavi Suthar

Founded by NIFT graduate <b>Meghavi Suthar </b>in 2017, Kala is an...

Rishav Bajoria & Subham Sengupta,

Rishav Bajoria & Subham Sengupta

Launched in October 2020, the Gumti app could not have come at a more...

Richard Armitage,

Richard Armitage

Adaptive Control automates, controls and monitors machines, systems and...

Daniel Roxbury, University of Rhode Island

Daniel Roxbury
University of Rhode Island

Assistant professor Daniel Roxbury and former URI graduate student...

Thomas Ong P S, NanoTextile

Thomas Ong P S
NanoTextile

Malaysian company NanoTextile Sdn Bhd taps into the potentials of...

Johann-Philipp Dilo, Dilo Group

Johann-Philipp Dilo
Dilo Group

German company Dilo Group is one of the leading equipment suppliers of...

Seema Agrawal, Artisan Saga

Seema Agrawal
Artisan Saga

Artisan Saga, founded by Kaushik Rajani and Seema Agrawal, is an online...

Shalini Sharma & Shweta Pundir Sharma, Six Yard Story

Shalini Sharma & Shweta Pundir Sharma
Six Yard Story

Six Yard Story is a premium artisanal brand with a focus to bring handloom ...

Sailesh Singhania, Sailesh Singhania Label

Sailesh Singhania
Sailesh Singhania Label

The Sailesh Singhania label was created to promote handwoven sarees and...

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

Leave your Comments


July 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search