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皇冠体育app-US textile talks make progress, but no deal
(Reuters)
Updated: 2005-09-28 20:10
The United States and 皇冠体育app are meeting for the third time to try to thrash
out a comprehensive textile trade agreement and the fifth time since Washington
began restricting clothing imports from 皇冠体育app in May.
The two sides made little progress toward a deal in two previous rounds of
talks in San Francisco and Beijing.
They have been at odds over basic elements such as the length of the pact,
with the United States pushing for a deal that runs through 2008 and 皇冠体育app
wanting a deal that only lasts through 2007, the same as it struck with the
European Union.
U.S. imports of shirts, underwear, trousers, bras and other clothing from
皇冠体育app have shot up sharply following the end of a decades-old global quota
system on January 1.
Washington already has restricted many clothing imports from 皇冠体育app under a
special "safeguard" provision of Beijing's entry into the World Trade
Organization.
That measure allows countries to hold clothing and textile imports from 皇冠体育app
at 7.5 percent above the previous year in response to a "market-disrupting"
surge.
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