MEXICO: Government signs for the end of textiles quotas system

The President Vicent Fox administration will be signing the ending of textiles trade quotas system from early January 2005 onwards agains the protests from the Mexican apparel & clothing industry chamber CNIV (Camara Nacional de la Industria del Vestido). CNIV is against the quota abolition, as it fears the consequences to the domestic companies

According to the Economy Secretary Fernando Clariond, Mexico should comply with the international norms and keep an eye on the unfair competition usually moved by China. Calriond  also said that, the government too is to implement a program to foster the competitiveness of the fibers - textiles - apparel chain to help domestic companies to keep and expand their presence in international markets.

According to CNIV and the textiles chamber Canaitex, the textiles industry has recovered so far in 2004 16,000 job positions from the 225,000 lost from 2001 - 2003 and the largest concern is the flood of imported products from Indonesia and India. The chambers point that Indonesia labeled clothing is actually manufactured in China and reaches Mexico bearing false origin certificates.

Source: Bharattextile.com News Service


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Added: August 4, 2004
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