THE EU'S TEXTILE AND CLOTHING INDUSTRIES AND THE CHALLENGE OF CHINA

Year 2005, , 111 - 128, 28.12.2005

Angelo Santagostino

https://doi.org/10.29228/mjes.213

Abstract

Textile and clothing industry in the EU is, since the beginning of 2005,
facing a free competition world. In the past decades has been widely
protected. However after the Marrakesh Agreement of 1994 the final stage
of liberalization begun and came to an end at the end of 2004. In these
years Chinese industry has grown preparing itself for competing in the free
international market. The same we cannot say of the EU industry that has
missed to implement major adjustments and changes. For this very reason
the industry is facing increasing difficulties to face the fierce competition
of China's production. In the first half of 2005 there have been strong
possibilities for a trade war between EU and China. The solution has been
found in the Agreement signed by the two parties on June 10, 2005.  

Keywords

THE EU, CHINA, TEXTILE

References

• Hildegunn Kyvik Nordas, "The global Textile and Clothing Industry post the Agreement on Textiles and Clothing, Discussion Paper n° 5, WTO, Geneva, 2004
• European Commission, "Evolution of Trade in Textile and Clothing Worldwide-Trade Figures and Structural Data", Commission Staff Working Paper, Brussels, 2003.
• European Commission, "The future of the textiles and clothing sector in the enlarged European Union, Brussels", Brussels, 2003.
• European Commission, "Textile and Clothing After 2005. Recommendations of the High Level Group for Textiles and Clothing", Brussels, 2004.