European Union/China Reach an Agreement on 2008 Monitoring
Source: globecotnews Date: 2007-10-15
The European Union's (EU) special import quotas that have applied to ten categories of textile and apparel imports from China will expire at the end of 2007. The EU and China have reached an agreement to monitor 2008 import volume and export licenses issued on eight of the ten product categories, which include t-shirts, sweatshirts, men's trousers, blouses, dresses, brassieres, bed linen and flax yarn. The EU could still reintroduce quotas if trade flow in these product groups is disrupted by a surge in Chinese imports.
