S. Africa delays imposing China textile quota
Source: CCTV.com Date: 2006-09-18
To some textile trade news...and South Africa says it will delay imposing planned quotas on Chinese clothing and textile imports by another two months.
The planned quotas were due to take place by the end of the month but will now begin January 1. South Africa's Department of Trade and Industry (DTI) said that the government made the decision in order to take retailer concerns into account and allow for no disruption during the Christmas season. The government also said the decision followed extensive talks with all stakeholders, and took into account concerns over domestic supply and quota allocation issues. The DTI added that the restrictions are merely limited, and will not completely halt Chinese imports.
