IMPACT OF CHINA'S ACCESSION TO WTO ON TEXTILE TRADE OF SOUTH ASIA

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1. INTRODUCTION 2. IMPACT OF CHINA'S TEXTILE TRADE ON ASIA 3. INDIA: FOLLOWING THE PATH OF CHINA 4. CONCERNS IN OTHER SOUTH ASIAN COUNTRIES 5. COUNTER-MEASURES FOR SOUTH ASIAN COUNTRIES 6. CONCLUSIONS

IMPACT OF CHINA'S ACCESSION TO WTO ON TEXTILE TRADE OF SOUTH ASIA

Author: A.S.M. Shahidul Haque

DOI Link: DOI: https://www.doi.org/10.56888/BIISSj2005v26n1a1

ABSTRACT

China's accession to WTO will help China take over the textile export market of the world. Experts estimate a loss of $1,051 million to China in export order from Bangladesh alone in next two years. Developing countries in South Asia should work together to address their problems to get special concession to protect their export earning . WTO should accept the fact that, production of and trade in textiles and clothing cannot continue only to serve the interests of multi-national merchandisers and retailers in a handful of consuming nations. Instead, any strategy for the future must ensure that the benefits of production are fairly shared, where the workers involved can afford to become consumers, thus helping the mechanisms for sustainable development

BANGLADESH INSTITUTE OF INTERNATIONAL AND STRATEGIC STUDIES

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