INDIA: US and Turkey urge end to export subsidies
The US and Turkey have urged India to start phasing out export subsidies given to its textile and clothing industry as part of government efforts to help exporters fight the global slowdown.
The comments were made at a World Trade Organization (WTO) Committee on Subsidies and Countervailing Measures at the end of last month.
The WTO in 2007 found India was "export competitive" after its share of the global textiles market exceeded 3.25%.
But India reiterated that it wants clarity and common understanding first on certain issues about its obligations to phase out subsidies, and that it is open to bilateral discussions.
An interactive databank with intelligence on the major apparel sourcing countries
- Cotton supply chain transparency an ongoing issue
- What does supply chain mapping really mean?
- Supply chain takeaways from Sourcing at MAGIC
- No simple way to be sustainable, says SAC CEO
- Overcapacity in China could reshape fibre markets
- Nike and Crystal Group "doing well by doing good"
- Li & Fung eyes supply chain speed in 3-year plan
- Cambodia’s focus on garment production also a risk
- C&A helps grow organic cotton production in China
- US Q2 in brief - G-III Apparel, A&F, Sears
- Too Many Standards
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- Myanmar's Garment Sector in 2015 - now with updated members' directory
- Under Armour, Inc. (UA) - Financial and Strategic SWOT Analysis Review
- Central America strategic sourcing review - a focus on Guatemala, El Salvador and Honduras