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中美纺织品贸易(Sino US textile trade)
中美纺织品贸易(Sino US textile trade)
Editors note: in November 8th, the Sino US textile trade negotiations were settled and signed a memorandum of understanding on textiles and clothing trade. Overall, the signing of the agreement is conducive to the development of Chinas textile and garment industry, although it is not satisfactory. Joining the WTO, while sharing the benefits of a free economy, also requires us to follow certain rules of the game, and more importantly, learn to make use of the rules to reap our own benefits. Restrictions are also a kind of game rules, since it has promised, we must act in accordance with the rules, in this sense, Europe and the United States for Chinese textiles to take restrictive behavior is understandable. But we need to learn from the experience and lessons learned, our enterprises need to mature faster.
Sino US Textile Trade Review
Seven rounds of hard negotiations have finally come to an agreement
After seven rounds of tough negotiations, the two countries finally reached an agreement on textiles, and signed a memorandum of understanding on textiles and apparel trade in London in 8, with the period of the agreement on China exports to the United States cotton pants and other 21 categories of products to implement quantitative management.
According to the website of the Ministry of Commerce, the main contents of the agreement are as follows:
The Sino US textile agreement will take effect on January 1, 2006 and end in December 31, 2008;
The two sides agreed in the agreement during the period of China exports to the United States cotton pants and other 21 categories of products to implement quantitative management, including 11 categories of apparel products and 10 categories of textile products, including 16 categories for the 2005 integration products, 5 categories for the integration of the product before 2002;
Agreement products in 2006 base is basically 2005 related products, the United States from Chinas actual import volume, in
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