FRANCE: Textile Groups Slam EU’s Tsunami Aid Measures
French textile industry groups yesterday described the European Commission's decision to drop EU trade tariffs to tsunami-hit countries as a stab in the back to French jobs.
The EC has rescheduled the start of new trade tariffs to 1 April in order to help countries affected by December's Asian Tsunami.
Import tariffs will drop from 17 to 13.5 per cent for Thai and Indian shoes, and from 12 to 9.5 per cent for Indian textiles.
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