Texindex.Com
Home For Buyers For Sellers MY Office News 国内贸易
    Industry News Texindex Press Releases Finance Company News The Largest Textile Market Online  
 
        Texindex.com runs the leading textile and apparel vertical nets , consisting of B2B Marketplace , Directory Search Engine , Career Center , Buyers'Guide , and Weblog in accordance with its 3C approach: Commerce Content Community
Not an Texindex.com memeber yet? Sign In
 
 

CHINA: Strengthens cotton trade ties with Africa

2011-12-23

The Chinese government's plans to make China itself an outsourcer - to utilise cotton production in sub-Saharan Africa - have been strengthened by an agreement with the region's four leading producers: Benin, Mali, Chad and Burkina Faso.

Announcing the programme at the World Trade Organization (WTO) in Geneva, Chinese commerce minister Chen Deming said it represented an "aid-for-trade" exchange inspired by the WTO's Doha Development Agenda.

China will provide machinery, materials and training programmes to these four impoverished west African countries, who lobby together on cotton issues as the 'C4'. The move will help the group combat hefty cotton subsidies adopted in wealthier producer countries such as the US, which have been a major hurdle in completing the WTO Doha round.

Chen stated greater trade ties could follow, with sections of the Chinese textiles manufacturing industry being relocated abroad. "In [the] longer term, we may relocate some of the textile and apparel industry into Africa," he said.

Source:just-style
 
Hot News
Featured Partners
 
Featured sites: Chemical Network | ChinaChemical Network | Chemical CAS database | ChemNet Mall | China Commodity price
Texindex  |  Site Map  |  Online Server  |  Offline Server  |  Partners & Links
Terms of Use  |  Privacy Policy  |  Disclaimer  
Copyright © 1999-2022  YesHiTech (Zhejiang) inc. All Rights Reserved 浙B2-20090135-2 浙公网安33010602010414
Contact:succeed@texindex.com Tel:86-571-87671500 Fax:86-571-88228200