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Newsletter: December 2007 China to Implement Double Checking System for Textile Exports to the EU
China has released requirements for exporting to the
European Union in 2008. Textile trade companies will have to comply with a
series of condition for getting export licences.
Conditions for Getting Licences
Export licences will be issued on China's side, but without
limits and under an automated process. A series of conditions for being
granted export licences were revealed on 17 October, leading to a possible
restriction in exports to the European Union.
The system will be managed by the China Chamber of Commerce
for Import and Export of Textiles, in association with the China National
Textile and Apparel Council and the China Association of Enterprises with
Foreign Investment. In order to apply for export licences, Chinese companies
will need complying with following requirements:
1. Have a registered capital of more than 500,000 yuan in
mainland China.
2. Having exported textiles and/or apparel in the past two
years.
3. Having exported textiles or clothing to the European
Union worth a minimum of US$10,000 in the previous year.
4. Not having violated China's rules related to intellectual
property rights or environmental protection in the past three years.
5. Being a member of the China Chamber of Commerce for
Import and Export of Textiles.
Under the agreement, the double-checking system will cover
eight categories of products: 4 (T-shirts), 5 (pullovers), 6 (men's
trousers), 7 (women's shirts, blouses), 26 (dresses), 20 (bed linen), 31
(bras) and 115 (flax yarn). Categories 2 (cotton fabrics) and 39 (woven
table linen) are excluded, being no more considered "sensitive".
The system is set to expire at the end of 2008, in line with
the end of textile safeguards granted to the European Union and the United
States under China's WTO accession protocol. |
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December 2007