MANDELSON PLAYS SOFTLY-SOFTLY APPROACH AHEAD OF FULL CHINESE TEXTILE TRADE LIBERALISATION
July 1st, 2007
BY KEITH NUTHALL EUROPEAN Union (EU) trade Commissioner Peter Mandelson is working to dampen hopes of robust EU protection against Chinese clothing and textile exports to Europe after China secures full trading rights this December 31. From that day, the full World Trade Organisation (WTO) agreement on textile and clothing will apply to Chinese exporters, and that effectively means all bets are off - if EU importers want to buy, China will supply. Mandelson has been meeting with EU textile producers, importers and retailers, as well as Chinese officials, to ...
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