GENEVA — The end of quotas three years ago hasn’t resulted in major disruptions to global textile and apparel trade, according to a study by the International Textiles & Clothing Bureau.
“Admittedly, post-quota developments have produced substantial shifts in export fortunes,” said the report by Geneva-based ITCB, representing industry in 26 developing countries that favor fewer trade restrictions. “Yet, it is now apparent that dire predictions proved ill-founded.”
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