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EU and China to monitor Chinese clothing exports to Europe
Published in Saudi Press Agency on 09 - 10 - 2007

The European Union and China have
agreed to monitor Chinese clothing exports to Europe until
end of 2008, the European Commission said Tuesday _ a move
that should ease trade tensions, reported ap.
The EU's executive arm said it would run «joint import
surveillance» with the Chinese Foreign Trade Ministry for
the next year for some types of clothing instead of lifting
all quotas on Chinese textiles as originally planned for
the start of 2008.
This will not cap the amount of Chinese textiles that
companies can send to Europe, but aims to keep track of
real trade volumes _ potentially allowing governments to
step in if a flood of cheap goods hits European markets.
Authorities will check both Chinese export licenses and
European export permits for T-shirts, pullovers, men's
trousers, blouses, dresses, bras, bed linens and flax yarn
to make sure that traders are not sourcing vast amounts of
goods.
Some European manufacturers had feared that they would
have to compete with a flood of cheap Chinese bras and
T-shirts when quotas were lifted. EU officials had asked
China to try to contain its ballooning exports to Europe,
now the largest purchaser of Chinese goods.


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