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No Radical Change in Global Textile Trade, WTO Reports

Source: emergingtextiles.com | Date: 2007-04-20

China’s textile and clothing sales were not affected by US and EU quotas in 2006, the WTO last week confirmed while releasing its preliminary data on global trade. Major trends in textile trade stayed unchanged to the benefit of poorest Asian countries such as Bangladesh, Cambodia and Vietnam. Share of processing trade is on the decline to the detriment of US and EU textile producers.


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