WASHINGTON — The debate over quota elimination is intensifying, as concerns stretch across the globe from Australia to Canada, and developing nations that are heavily dependent on apparel, and textile exports quiver in anticipation.
One of the leading concerns among industry observers is whether the competitive environment following the Dec. 31, 2004 elimination of quotas on textiles and apparel will be dominated by China and a tiny group of other countries, possibly including India, Pakistan, Vietnam or Bangladesh. Experts wonder whether developing nations who have negotiated special trade deals with the U.S. will find sufficient advantage in those agreements to stave off Chinese competition.
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