PORTUGAL: Industry to face job losses in post quota regime

With the abolition of the quota regime this year-end the over 100 000 jobs in country's textile industry is on stake, said the head of the country's textile association head.

The president of the Portuguese Association of Textile and Clothing Manufacturers of Portugal, Paulo Nunes de Almeida, told Portuguese radio the job losses will result from increased competition from lower-wage China when the quota system expires.

"Various scenarios have been studied and they all point towards a reduction in the number of firms and jobs in the sector," he told Radio.

Asked if the impact of the job losses would total 100 000 as suggested by some industry studies, he said: "If measures are not taken at a global scale to put the brakes on this export impetus from China I think it could surpass that number."

De Almeida suggested that nations be allowed to keep some quotas in place to protect them against the expected surge of Chinese imports next year when worldwide quotas are removed.

The end of the quota is raising fears in the United States and many European nations that jobs will be lost to larger, low-cost textile-producing countries such as China or India.

Portugal's textile industry, concentrated in the industrialized north, accounts for roughly 18 percent of exports and some six percent of all jobs, mostly producing clothes for big-name foreign labels at low cost, economy ministry figures show.

Send your News/Releases for publication to [email protected]
Added: October 29, 2004 Source: Agencies
Start script - 1537475822.788 Start news id check - 1537475822.788 After news id check - 1537475822.7884 After cookie_code - 1537475824.6836 Before news detail - 1537475824.6836 After news detail - 1537475824.6847 Start cat select - 1537475824.6848 After cat select - 1537475824.6851 before preg replace - 1537475824.6851 After preg replace - 1537475824.6852 Before tag engine - 1537475824.6852 After tag engine - 1537475824.6907 Before mptt engine - 1537475824.6907 After mptt engine - 1537475824.6908 Before related engine - 1537475824.6908 After related engine - 1537475824.7031 Before update hits - 1537475824.7032 After update hits - 1537475824.7034 After update news_hits - 1537475824.7056 After mem_only_views - 1537475824.7058 -------------------------------------------------- Total Exec time:- 1.9179000854492
AddThis Social Bookmark Button   Tell a friendBookmark AddThis Feed Button
Related News:

Website design by InWiz • © - 2000-2018. Internet Wizards All rights reserved. About usTerms & ConditionsDisclaimerPrivacy policy • 20-09-2018