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China hoping for early resolution to textile standoff with EU
Published in Saudi Press Agency on 23 - 08 - 2005


China is hoping talks with the EU
this week will help resolve a trade row that has left
Chinese textiles piling up at European ports and threatens
deliveries of fall and winter clothing, AP quoted state media reports
as saying Wednesday.
Shiploads of Chinese textile products have been stopped by
EU Customs because they exceed limits recently imposed to
help stem a surge in imports that followed the end of a
worldwide quota system at the beginning of the year.
EU negotiators were traveling to Beijing on Wednesday for
talks on the trade dispute, which threatens deliveries to
European stores for later in the year.
«A major issue is to find a solution for Chinese textile
products detained at EU ports,» the state-run newspaper
China Daily on Wednesday quoted Lu Jianhua, director of
foreign trade at the Commerce Ministry, as saying.
The report said the talks would begin Thursday. The
Commerce Ministry and the EU mission in Beijing wouldn't
give any details.
First, the two sides must agree on the amount of textiles
and garments already blocked by EU Customs, Lu said.
Shirts, bras and flax yarn have now joined sweaters, men's
trousers and blouses in overrunning EU limits on import
volume increases for 2005 that China agreed to in June.
--mor
1323 Local Time
1023 GMT


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