Sino-US textile talks to resume By Jiang Wei (China Daily) Updated: 2005-08-29 05:37
China and the United States will kick off the fourth round of talks over the
overheating textile disputes in Beijing on August 30 and 31, China's Ministry of
Commerce (MOFCOM) said over the weekend.
It will be held just before the US Government is due to make a decision on
whether to impose new caps on additional Chinese textile products at the end of
this month. The previous three rounds of Sino-US textile consultations failed to
solve disputes between the two countries.
The ministry said in a statement following the third round of talks in San
Francisco this month that the two sides had made certain progress, though
fundamental differences still remain.
Concerns about the impact of inexpensive Chinese textile products have risen
in the US textile industry since the decade-old quota regime in textile trade
ended at the beginning of this year.
The tension was intensified when the US Government launched unilateral
safeguard measures on seven categories of Chinese textile and apparel products
this spring. The United States is also considering further action.
In another development, the European Union (EU) and China continued talks in
Beijing over the weekend concerning the stockpile of Chinese textile products at
EU customs. The talks that started on August 25.
Meanwhile, EU Trade Commissioner Peter Mandelson said
yesterday in Brussels he would make proposals to EU member states today to
release millions of euros' worth of Chinese-made garments stuck in European
ports, Reuters reported.
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