|
Mumbai:
The European Union will end quota restrictions on import of textiles from
China and instead monitor textile imports with a joint surveillance system to
be in place in 2008. The
`double checking system'' will track the issuing of licences for export in China
and the import of goods into the EU and will operate for one year in 2008 following
the end of quota restrictions on Chinese textiles and clothing, the EU commission
said in a statement in Brussels. The
EU and China had reached an agreement in June 2005 on resuming China''s textile
exports to the EU, after the expiry of quotas. The
joint surveillance system will cover eight categories of textiles and clothing
from China, the EC commission said. Although
EU will monitor textile imports from China, the level of import will not be restricted,
Xinhua news agency quoted the EU commission as saying. China''s
textile industry also welcomed the European Commission''s decision to scrap quota
limits on Chinese textiles next year, but said the EU could do more. Chinese
industry expects the EU to be more open about technology transfer and step up
cooperation in brand and distribution network building, said an industry representative.
He also called on the EU to be more patient with Chinese producers striving to
meet rules on the level of permitted chemicals and other technical requirements. Chinese
textile exports to the EU stood at 419.3 billion in the first eight months of
the year, up 0.88 per cent from the same period in 2006.
|
