The EU-China accommodation is expected to allow all textile and clothing goods from China being held in embargo at European ports to be released immediately into the EU market. The first 50 percent of the embargoed goods will not count against quota limits of any kind. The remaining half will count against quotas imposed on China in 2006.
“GAFTT opposes any deal allowing Chinese products into the European Union in excess of quota limits where the quota is not entirely repaid,” GAFTT said in a statement.
“In this case, 50 percent of what is released into the EU market will not be paid. This is business taken from legitimate manufacturers — both from inside the European Union and outside — and it is being given to a country that refuses to play by the rules,” said Ziya Sukun, executive director of ITKIB Association USA and a GAFTT founding member.
“Granting China additional access to the EU market over an embargo crisis simply rewards China for its own irresponsibility,” said Auggie Tantillo, executive director of the American Manufacturing Trade Action Coalition (AMTAC), which is also a member of GAFTT.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now