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Politics : Israel to U.S. : Now Deal with Syria and Iran -- Ignore unavailable to you. Want to Upgrade?


To: Crimson Ghost who wrote (9147)8/25/2005 6:05:00 AM
From: GUSTAVE JAEGER  Respond to of 22250
 
EU officials in China to fix flawed textile pact
The Associated Press

THURSDAY, AUGUST 25, 2005

BEIJING
A European Union trade delegation was in China on Thursday to fix an agreement on textile quotas that has left tons of garments stranded at ports, an official said.

An agreement reached in June imposed quotas on cheap Chinese imports into Europe to protect European textile producers. But it has resulted in a pile-up of Chinese-made sweaters, pants, bras and other garments at European ports.

EU Trade Commissioner Peter Mandelson on Wednesday acknowledged there had been a ''serious glitch'' in the agreement's implementation.

The EU team was expected to seek changes to the accord that could bring forward 2006 or 2007 quotas to ease the hold-up of imports.

The team was set to meet with officials at China's Ministry of Commerce on Thursday afternoon, said Michael Jennings, a spokesman for the Delegation of The European Commission in China. The group represents EU interests.

Jennings said no further details about the team or their schedule were immediately available.

The official China Daily newspaper said in an editorial Thursday that the flawed agreement should serve as a lesson to the EU that protectionist steps, which seem politically correct in the short term, would be damaging to consumers and companies in the long run.
[...]

iht.com

Bullshit! Methinks that all that fuss over Chinese cheap fabrics is but a useful smokescreen to cover up the EU's attempt to decouple China from Iran... While European bureaucrats are conspicuously buzzing around Beijing, eager to hammer out a fair "textile deal" with China, the real thing happens backstage: secret diplomatic endeavors to drive a wedge between Tehran and Beijing... Ah! The ever wily, ever devious, ever scheming, ever Byzantine, Europeans!

Gus