SOUTH KOREA: Textile Federation Welcomes Export Liberalisation
South Korean exports of caps, gloves, scarves, woven underwear and shirts to the US and Europe will no longer be restricted by quotas when the next stage of a world trade liberalisation agreement comes into effect in 2002. The Korea Federation of Textile Industries said on Thursday it was looking forward to the third stage of quota liberalisation brought about by the World Trade Organisation (WTO) textile agreement.
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