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By Our Special Correspondent
NEW DELHI, APRIL 3. The annual meeting of the International Textiles and Clothing Bureau, the high-level inter-governmental organisation of textiles exporting countries in the developing world, is opening here on Monday to take stock of the post-quota regime in textile trade. The three-day session is expected to particularly focus on how to deal with any possible imposition of non-tariff protective measures by the importing countries after the quota regime comes to an end on December 31 as per the WTO agreement.
Speaking to a group of reporters, K. K. Jalan, Joint Secretary in the Union Textiles Ministry in charge of exports, said the meeting assumed importance as though the quota regime was slated to come to an end on December 31, it does not mean that quota free regime would automatically begin from January 1. There would be spill over of the quota regime for some time and it was essential that the transition was smooth. The Bureau is expected to discuss this aspect in detail and consider steps that may be required to handle the situation properly. Apart from representatives of the member-countries, delegates of several international organisations including WTO, UNCTAD, and the International Trade Centre and associations of importers such as the National Retail Federation of the U.S., the Japan Textile Importers Association, and Foreign Trade Association, Brussels, are expected to attend the meeting.
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