AIRLINK 203.30 Decreased By ▼ -2.51 (-1.22%)
BOP 10.22 Decreased By ▼ -0.02 (-0.2%)
CNERGY 7.03 Decreased By ▼ -0.03 (-0.42%)
FCCL 34.55 Decreased By ▼ -0.11 (-0.32%)
FFL 17.49 Increased By ▲ 0.39 (2.28%)
FLYNG 25.15 Increased By ▲ 0.47 (1.9%)
HUBC 132.80 Increased By ▲ 1.62 (1.23%)
HUMNL 13.95 Decreased By ▼ -0.03 (-0.21%)
KEL 4.87 Decreased By ▼ -0.04 (-0.81%)
KOSM 6.82 Increased By ▲ 0.01 (0.15%)
MLCF 43.71 Decreased By ▼ -0.63 (-1.42%)
OGDC 221.65 Decreased By ▼ -0.12 (-0.05%)
PACE 7.18 Decreased By ▼ -0.04 (-0.55%)
PAEL 42.67 Decreased By ▼ -0.02 (-0.05%)
PIAHCLA 17.15 Increased By ▲ 0.02 (0.12%)
PIBTL 8.80 Increased By ▲ 0.38 (4.51%)
POWER 9.11 Increased By ▲ 0.02 (0.22%)
PPL 191.34 Increased By ▲ 0.48 (0.25%)
PRL 43.38 Decreased By ▼ -0.11 (-0.25%)
PTC 25.50 Increased By ▲ 0.71 (2.86%)
SEARL 103.91 Increased By ▲ 1.25 (1.22%)
SILK 1.02 No Change ▼ 0.00 (0%)
SSGC 42.50 Decreased By ▼ -0.24 (-0.56%)
SYM 18.15 Decreased By ▼ -0.25 (-1.36%)
TELE 9.21 Decreased By ▼ -0.05 (-0.54%)
TPLP 13.05 Decreased By ▼ -0.10 (-0.76%)
TRG 68.86 Increased By ▲ 0.08 (0.12%)
WAVESAPP 10.49 Increased By ▲ 0.07 (0.67%)
WTL 1.83 Increased By ▲ 0.03 (1.67%)
YOUW 4.29 Increased By ▲ 0.29 (7.25%)
BR100 12,055 Increased By 21.4 (0.18%)
BR30 36,891 Increased By 113.4 (0.31%)
KSE100 114,705 Increased By 209.2 (0.18%)
KSE30 36,076 Increased By 72.9 (0.2%)

China Thursday voiced "firm opposition" to the US government's acceptance of an industry request to consider quotas on 13 types of Chinese textile imports.
"The US practice has apparently violated relevant standards under the World Trade Organisation. We are firmly opposed to this type of action," the Ministry of Commerce said in a statement on its website.
On Wednesday, the US inter-agency Committee for the Implementation of Textile Agreements (CITA) said it would rule in January on whether quotas were needed against 13 categories of textile imports from China because of "market disruption".
The decision covers a possible extension to quotas on nine Chinese categories that were due to expire at the end of this year, and new quotas on four other categories not previously under scrutiny.
The Chinese ministry said it hoped the United States would review the issue from the perspective of overall bilateral interests and deal with the problem in a "prudent and considerate manner".
With the addition of the 13 cases, CITA is now considering quotas on imports of 27 types of Chinese garments and textiles.
China's textile exports to the US as well as other markets have surged this year with the end of a global quota system.
The United States and China plan another round of talks on their drawn-out battle to forge a comprehensive agreement on textiles trade this month.

Copyright Agence France-Presse, 2005

Comments

Comments are closed.