Exporting Textiles &Amp; Clothing: What's the Cost for Ldcs?
International Trade Forum › Num. 1/2005, Janvier 2005
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Résumé
WTO members abolished quotas on trade in textiles and clothing on 1 January 2005. As a result, prices are falling and major Western buyers are narrowing their sources. On a global scale, large Asian countries with vertically integrated industries are becoming the world's leading suppliers. It is not clear what will happen in many least developed countries (LDCs) and small, vulnerable countries, with their low-value products, fragmented industries resulting from past reliance on quota protection and little regional cooperation. Large investments from Asian manufacturers characterize the sector in almost all LDCs, except those in South Asia. They invested to avoid quotas and to benefit from duty-free market access - but they could leave any time if business is no longer profitable. News from Lesotho in early 2005 suggests that this is already happening. LDCs need to find ways to link local industries to foreign investors in long-term partnerships.
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Exporting Textiles &Amp; Clothing: What's the Cost for Ldcs?
WTO members abolished quotas on trade in textiles and clothing on 1 January 2005. As a result, prices are falling and major Western buyers are narrowing their sources. On a global scale, large Asian countries with vertically integrated industries...
Voir le contenu complet de ce document
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