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India or tighten duty-free imports of clothing rules - India Textile information - Textile net - Textile integrated service provider

by:Chengyi     2020-06-17
Media news, India textile enterprise federation ( ITF) Submit an application to the European Union the Ministry of Commerce, suggest to adjust rules of origin, the use of Indian origin yarn and textiles duty-free imports of Indian clothing, is mainly due to the rapid growth of India's imports from Bangladesh's garment nearly two years, and is, in fact, with the help of the indirect Chinese textile exports to India. According to statistics, fiscal year 2015 and 2016, India for Bangladesh's garment imports rose 27 respectively. 8% and 17%, as a result of India's overall slowing imports, the 2017 fiscal year India for meng clothing imports fell 2. 7%, under the premise that the market is in a stable condition, India to Bangladesh's garment import in 2018 is expected to return to growth. ITF delegation said in talks with the European Union chamber of commerce, because of the domestic production of textile products in Bangladesh is not much, so India duty-free imports from Bangladesh garment is indirectly help China textile consumption, which is harmful to India's domestic textile value chain, thus in Bangladesh and other developed countries duty-free market access, will use the India origin yarn and textile as a mandatory requirement. India is not the first to allow duty-free imports of clothing in the world. - after the United States North American free trade agreement ( NAFTA) , and other north American free trade agreement with Mexico members of clothing for duty-free imports; The association of south-east Asian nations (asean) - The fta rules in Japan, asean countries garment exporters can use Japanese or other asean countries and other raw materials, production of textiles to take advantage of preferential trade system.
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