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Newsletter:
May 2005 EU Safeguard Investigation on China Textile Imports The EU Commission has
collected information on the trend of imports of certain textile products
originating in the People's Republic of China (the
PRC) through the import monitoring system. The data indicates that imports
may threaten to impede the orderly development of trade. The Commission has
concluded that there is sufficient evidence to justify the initiation of an
investigation in relation to the product categories concerned. The
Commission has therefore decided to initiate an investigation to determine
whether the application of textile specific safeguard measures in relation
to those product categories is warranted. Product
Categories Concerned
The European Commission will
now launch an investigation to justify possible safeguard measures, which
could be introduced within 150 days. Peter Mandelson, EU commissioner for
trade, says he expects to get the results of the probe about 60 days after
its launch. Shortly after that, the EU could decide to impose ceilings on
Chinese textile imports. Sharp Increase of Chinese ImportsEuropean textile
industry groups, which claim that the jump in imports is costing tens of
thousands of jobs, has been lobbying hard for immediate action. Euratex, the
European textile association, cautiously welcomed the EU decision to open
investigations into textile imports from China. "The announcement by
the commission is to be viewed as a first clear signal that the European
authorities do not intend to remain inactive in face of the unprecedented
growth in volume of up to 543% in certain Chinese product exports to the EU
at prices which have fallen by up to 47%," Filiep Libeert, Euratex
president, said in a statement. EU
Commission data showed member states imported 95.7 million T-shirts in
the first three months of this year, a rise of 164% from the same period in
2004, while pullover and men's trouser imports jumped 534% and 413%, respectively.
Divided
Views EU member states
remain divided over the issue. Thirteen of the 25 EU member states,
including France, Italy, Spain, Portugal, Greece, and Belgium, have called
on the EU to skip the five-month process and instead impose restrictions
within weeks. The Commission responded that such action could trigger a
trade dispute with China at the WTO, but added that they were closely monitoring
trade in eleven additional textile categories. WTO Director-General Supachai Panitchpakdi, on the other hand, has said that countries struggling with a surge in Chinese textile exports should wait at least a year before taking any protectionist measures. After only a few months of evidence, he suggested, the final impact of the trade rules remains unclear. “The textile industry has had 10 years to prepare for the lifting of the quota. We don't see any reason to introduce limits now,'' said Swedish State Secretary urging EU textile firms to be more competitive. Denmark, Finland, the Netherlands and Germany shared Sweden's position. |