Home / Knowledge / News / Textiles / Brazil, India to push ahead on duty-free schemes for LDCs

Brazil, India to push ahead on duty-free schemes for LDCs

26
Mar '10
Brazil and India told the Committee on Trade and Development on 18 March 2010 that they are pushing ahead with commitments to provide duty-free, quota-free treatment of imports from the least-developed countries (LDCs). The Committee elected Amb. Erwidodo (Indonesia) as its chair for 2010 and re-elected Amb. Jean Feyder (Luxembourg) as chair of the Sub-Committee on Least-Developed Countries.

Brazil said that an inter-ministerial working group is finalizing implementation of the commitment made by Foreign Minister Celso Amorim at the WTO Ministerial Conference last year for duty-free, quota-free treatment for LDCs. It said that the preferential treatment will initially cover 80 per cent of the tariff lines by mid-year, and will be expanded to reach 100 per cent.

India said that it was the first developing country to offer duty-free, quota-free treatment to LDC exports in 2008. It said it is working to ensure that the scheme provide effective market access, noting that important LDC products are covered like cotton, cocoa, cane sugar and ready-made garments. It said that the scheme has become fully operational for 14 LDCs, and urged other LDCs to utilize this facility.

Bangladesh underlined the importance of the scheme for LDCs, and thanked Brazil and India for their update reports on their respective programmes.

Regional trade agreements

The Chair, Amb. Shree Baboo Chekitan Servansing, reported that two new regional trade agreements between developing countries had been recently notified to the Committee under the Enabling Clause. These are India's free trade agreements with Mercosur and with Afghanistan, respectively. He said that the Committee could consider these two agreements early next year.

He said that a previously-notified agreement, that between Chile and India, would be examined by the Committee this June.

Regarding notified agreements involving non-WTO members, the chair said that the WTO Secretariat is still waiting for the completion of ratification of the Pacific Islands Trade Agreement and the South Asian Free Trade Agreement, and for more data from the India-Bhutan Free Trade Agreement.

The chair also reported that the Gulf Cooperation Council notification of a customs union is the subject of informal consultations.

The chair reported good progress in informal consultations regarding a transparency mechanism for preferential trade arrangements proposed by Brazil, China, India and the United States.

India said that in the course of future consultations, it would take on board other concerns expressed by members.

Election of officers

The Committee elected Amb. Erwidodo (Indonesia) as its chair for 2010. He commended Amb. Servansing's leadership for the past three years, and pledged to maintain the high profile of the Committee in the WTO.

The Committee also elected Amb. Jean Feyder (Luxembourg) for another term as chair of the Sub-Committee on Least-Developed Countries.

World Trade Organization


Must ReadView All

Pic: Shutterstock

Apparel/Garments | On 10th Apr 2020

Buyers willing to pay for goods processed, in production

More companies have come forward in assuring suppliers that they...

Pic: Pixabay

Textiles | On 10th Apr 2020

EU agrees on bailout package worth half-a-trillion euros

European Union (EU) finance ministers yesterday agreed on a bailout...

Pic: Shutterstock

Apparel/Garments | On 10th Apr 2020

€5-mn EU emergency fund for Myanmar garment workers

In solidarity with Myanmar and the workers at risk in the garment...

Interviews View All

Manuj Terapanthi, Texaura

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Vasanth Kumar, Max Fashion India

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Representatives, Textile & apparel industry

Representatives
Textile & apparel industry

GST is a complicated and lengthy process

Uhan Soebiantoro,

Uhan Soebiantoro

Luckytex is an integrated textile manufacturing company founded by...

Ritu Ajbani & Neha Agarwal,

Ritu Ajbani & Neha Agarwal

Petit Royal, co-founded by entrepreneurs <b>Ritu Ajbani and Neha...

Ravindra Jain, Ashish Baid,

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Karl Zelik, Vanderbilt University

Karl Zelik
Vanderbilt University

A team of engineers at the Vanderbilt University has designed a smart...

Daniel Kaye, RocketLife

Daniel Kaye
RocketLife

<div>RocketLife, an award-winning developer of breakthrough visual...

Kevin Nelson, TissueGen

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Prathyusha Garimella, Prathyusha Garimella

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Priya Somaiya, Usha Social Services

Priya Somaiya
Usha Social Services

The Usha Silai label from Usha International is all set for a retail...

Bani Batra,

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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


April 2020

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


Advanced Search