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Market Access in Textiles and Clothing: Linkages Between Trade and Trade Policy
published in Issue 117, May-June 2005
Quotas on international textile and clothing trade were finally eliminated at the end of 2004 in accordance with the Agreement on Textiles and Clothing (ATC). Since then, the attention of policy makers has shifted to the question of import tariffs. Tariffs on imports of textiles and clothing in major developed countries are high relative to those levied on other industrial products. Significant reductions in these tariffs would therefore open up opportunities for trade expansion, which would be of particular benefit to developing economies.
However, the potential for tariff reduction is hampered by the fact that developed countries employ preferential tariff rates or duty-free access to favour particular countries or regions as part of their trade policies. A further complication is the use of origin rules which restrict preferential treatment to garments made either from local materials, or from materials made in the country or region granting special treatment—such as the USA or the EU. To achieve a comprehensive reduction in tariffs—and hence an expansion of trade—a shared understanding and appreciation of the issues is needed. The Doha Round of international trade talks provides a timely forum for the discussion of such issues.
Six times a year, Textile Outlook International provides up to 200 pages of intelligence, expert analysis and insight on the global textile and clothing industry.
What's in it? Each issue provides an authoritative source of information on key industry topics, including: circularity; cotton; environmental sustainability; fibre prices; innovation; production and consumption forecasts; imports and exports; industry giants and emerging brands; international trade fairs; key geographical markets; recommerce; retail; supply chains; textile and clothing trade; textile machinery; trade and production trends; world markets; and yarn and fabric manufacturing.
A single issue of Textile Outlook International includes:
an editorial think-piece on a topical issue from an industry expert a report on textile and apparel trade and production trends a round-up of the latest international trade fairs a feature on textile and clothing imports and exports or fibre prices, production and consumption a report on a key geographical marketinsight and analysis of a key market leader or fast-growing start-up
An annual subscription to Textile Outlook International is a cost-effective way to keep informed about trends and developments in the global textile and clothing industry. Subscriptions are available in printed and/or digital formats. Printed and digital subscribers receive each issue in printed format in addition to a digital PDF file, which is available immediately on publication.
Like all Textiles Intelligence publications, Textile Outlook International is a reliable source of independently sourced business information, and it does not carry advertising.