Textil war between EU-China is over

By: trademagazin Date: 2007. 10. 10. 00:00

Imports of chinese textils will be closely monitored, but the level of import will not be restricted.

The European Union has agreed to end quota restrictions on Chinese textile
imports with a joint surveillance system in place to monitor the trade flow in
2008, the state media reported on Wednesday. The ''double checking system'',
which will track the issuing of licences for export in China and the import of
goods into the EU, will operate for one year in 2008 following the end of quota
restrictions on Chinese textiles and clothing, the EU commission said in a
statement in Brussels.