The EU presents its clash with China on surge in textile imports to the World Trade Organization (WTO), compelling China to at once restrict its textile products shipment such as T-shirts and flax yarn, to EU markets.
On Friday the EU declared that it did not mean to rule out any negotiations outside the WTO regulations if it could lead to resolving the problem.
EU spokeswoman Claude Veron-Reville stated that the Chinese government absolutely be aware of this bureaucratic step does not rule out or dislocate the intensive discussions between China and the EU.
EU offers China 15 days to respond by presenting the dispute to the WTO, however "a mutually satisfactory agreement" could be reached in negotiation during that period.
The EU stroke depicts that China could face instant limitations on exports of flax yarn and T-shirts.
The EU informed that this step is taken after a telephonic discussion between EU Trade Commissioner Peter Mandelson and Chinese Trade Minister Bo Xilai.
The United States has already imposed import quotas on Chinese-made cotton trousers, underwear, man-made fiber shirts and other goods to restrain their double-digit imports.
The EU has claimed, the end of multi fiber agreement has seriously disrupted its textile sector.
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
