EU Signs Off on Abolition of Textile Quotas
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The European Union on Monday took the final step toward abolishing textiles quotas on January 1, 2005, in compliance with World Trade Organization obligations.
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The European Union and its allies got  the go-ahead on Tuesday to slap potentially heavy sanctions on  U.S. goods in a row that could stir trade tensions ahead of the  U.S. elections.
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THE US and the EU are not backing the move by some least developed countries (LDCs) to stall the abolition of apparels&#39; export quota regime slated for January 1, next year.
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WASHINGTON, DEC 13: The United States said on Monday it would continue to restrict imports of some textile and clothing products after a decades-old quota system expires in a few weeks, while China, under pressure from Washington, said it would slap a tax
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Measures to ban trade in cat and dog fur across the EU come to a vote in the European Parliament.
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The European Union proposed a ban Monday on the sale and import of dog and cat fur in all 25 member nations, saying it has been found in some clothing, toys and other items on sale in Europe.
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China said it will tax some textile exports and curtail investment in its domestic industry after the US and European Union threatened restrictions on an expected flood of Chinese clothing when quotas expire Jan. 1.
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The EU and US agree to start talks on ending subsidies given to aircraft makers, the EU trade commissioner says.
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EU ministers agree a draft deal on tearing down barriers to cross-border provision of services.
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The European Union said Monday it will lift sanctions against US imports following President Bush&#39;s decision to remove illegal export subsidies.
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Talks on national fishing quotas are underway in Brussels between government ministers and the European Commission. The commission recently announced another major round of cuts in the allocations to help conserve stocks.
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GENEVA : A movement to counter the abolition of textile and clothing import quotas at the end of the year is gaining momentum, driven by fears that an unbridled China could wipe out competition because of its sheer production capacity, diplomats said.
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The European Union has assured Beijing it will not follow Turkey's lead by imposing quotas on textiles it imports from China, state media reported.
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Steps to ban trade in cat and dog fur across the EU are announced by the European Commission.
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The EU called off its sanctions on $4  billion worth of U.S. goods on Monday after Washington repealed  illegal export tax subsidies, bringing some balm to  transatlantic ties wounded by a battle over Airbus and Boeing.
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The United States said Monday it has agreed with the European Union to suspend temporarily its right to impose sanctions on EU goods in a trade dispute over genetically modified organisms.
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The expiration of WTO textile quotas at the end of 2004 is expected to jeopardize jobs in some of the world's poorest places as the textile industry uproots to consolidate in low-cost China.