WTO QUOTA CHECKS

Keith NuthallTHE EUROPEAN Commission has been told to monitor textile import flows into the European Union (EU) for one year after restrictive import quotas end on January 1, regularly alerting EU ministers to booms maybe harming European producers. The EU Council of Ministers may then approve temporary safeguard duties, especially against Chinese textile imports, hindering importers wanting a completely free hand under the incoming liberal World Trade Organisation regime. Brussels has also been pressed by the council to grant preferential lower duties to small ...


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