Home    Resource Store    Past Issues    Buyers' Guide    Career Center    Subscriptions    Advertising    E-Newsletter    Contact

http://www.textileservicesonline.com
http://www.allstatestextile.com
http://www.textileworld.com/partners/Sr_Sales_Representative_Bolger_and_OHearn_Inc?override_sig=6d134c277189eb53ad63648042f76d28&override_token=b65bbcb705ed6642a8800553cd8f0acf
http://www.LookChina.com
http://www.expoproduccion.mx/Content/Exhibitors/24/
http://www.textileworld.com/careers/index.html
Textile World Photo Galleries
September/October 2014 Sept/Oct 2014

View Issue  |

Subscribe Now  |

Events

IGATEX™ Pakistan 2014
10/21/2014 - 10/24/2014

Advanced Nonwovens Training Course
10/28/2014 - 10/30/2014

JEC Americas Composites Conferences
10/28/2014 - 10/29/2014

- more events -

- submit your event -

Printer Friendly
Full Site
Textile News

U S Settles Dispute Over Bangladesh Imports

Washinigton Outlook

James A. Morrissey, Washington Correspondent

The U. S. Trade Negotiator has agreed to permit importation of cotton trousers from Bangladesh in excess of that nations import quota, but the U.S. will cut next years quota by three times the amount of this years overshipment. Some 175,000 dozen pairs of cotton trousers have been embargoed since mid-summer, as the two governments tried to decide what to do about the overshipments. Importers urged the U.S. government to release the trousers, contending that stores needed them in time for Christmas sales. The U.S. textile industry and its supporters in Congress insisted that that quota should be enforced.Bangladesh at first asked that the overshipment be forgiven, and when that was turned down, it asked to borrow from next years quota, as has been the practice in some cases in the past. In the end, the U.S. government settled on releasing the embargoed shipments, but levied a penalty on next years imports.Retailers who had been pressing to receive the goods were satisfied with the compromise, but noted that it presents a problem for Bangladesh. Parks Shackelford, president of the American Textile Manufacturers Institute (ATMI), while pointing out that his organization does not believe overshipments should be permitted, said that under the circumstances, the governments action was a reasonable compromise.




Advertisement

http://www.staubli.us/