Journal of Undergraduate Research
Keywords
India, textiles, clothing, imports, domestic industry
College
Family, Home, and Social Sciences
Department
Economics
Abstract
Up to the end of the Uruguay Round, textile and clothing quotas were negotiated bilaterally and governed by the rules of the Multifiber Arrangement (MFA). As GATT transmogrified into the WTO, a long-awaited uniform approach was arranged. On January 1, 1995, the WTO Agreement on Textiles and Clothing (ATC) replaced the MFA. This multilateral approach was originally planned to elapse from 1995 to 2004. It entails a process of progressively enlarging the existing quotas until their removal. The liberalization is increased over time. The agreement targets all products which were previously subject to MFA-type quotas: tops and yarns, fabrics, made-up textiles products and clothing.
Recommended Citation
Rogers, Aaron and Bradford, Dr.
(2013)
"India and the Agreement on Textiles and Clothing,"
Journal of Undergraduate Research: Vol. 2013:
Iss.
1, Article 167.
Available at:
https://scholarsarchive.byu.edu/jur/vol2013/iss1/167