{
    "success": true,
    "data": {
        "id": 1334146,
        "msgid": "us-retail-say-no-to-import-quotas-1447893297",
        "date": "2003-02-11 00:00:00",
        "title": "U.S. retail say no to import quotas",
        "author": null,
        "source": "",
        "tags": null,
        "topic": null,
        "summary": "U.S. retail say no to import quotas HANOI: Thirty-five U.S. retail and manufacturing giants including Nike, Gap and K-Mart have urged Washington not to impose quotas on Vietnamese apparel exports ahead of next week's opening round of U.S.-Vietnam textile negotiations. In a letter sent to U.S. Trade Representative Robert Zoellick on Thursday last week, the companies said Washington's \"rush to seek quotas is very troubling\" and could result in supply shortages.",
        "content": "<p>U.S. retail say no to import quotas<\/p>\n<p>HANOI: Thirty-five U.S. retail and manufacturing giants including<br>\nNike, Gap and K-Mart have urged Washington not to impose quotas<br>\non Vietnamese apparel exports ahead of next week's opening round<br>\nof U.S.-Vietnam textile negotiations.<\/p>\n<p>In a letter sent to U.S. Trade Representative Robert Zoellick<br>\non Thursday last week, the companies said Washington's \"rush to<br>\nseek quotas is very troubling\" and could result in supply<br>\nshortages.<\/p>\n<p>\"We urge the administration not to restrict Vietnam's apparel<br>\ntrade. Vietnam constitutes an extremely important sourcing<br>\nopportunity for us, especially in light of the continuing<br>\nuncertain economy, shifting security conditions and the upcoming<br>\ntermination of the international quota system.\"<\/p>\n<p>The 10-year international Agreement on Textiles and Clothing<br>\namong World Trade Organization member countries expires at the<br>\nend of 2004.<\/p>\n<p>\"To the extent any quotas are established, we ask that they<br>\nare limited to products for which there is substantial U.S.<br>\nproduction and at levels truly reflective of Vietnam's<br>\npotential,\" they said.<\/p>\n<p>The three-day formal negotiations kick off in Hanoi on Feb.<br>\n19. U.S. officials have not set a time frame for the agreement to<br>\nbe concluded, but Vietnam has admitted it wants to draw out the<br>\ntalks.<\/p>\n<p>\"We want three rounds of negotiations because it gives<br>\nVietnamese enterprises more time to adjust their production<br>\nplans, but I'm afraid that the Americans will only want one<br>\nround,\" said Mai Hoang An, general director of the state-owned<br>\nVietnam Textile and Garment Corp. (Vinatex).<\/p>\n<p>Vietnam's textile exports hit $2.7 billion in 2002, a 31.6<br>\npercent rise compared with the previous year, with the U.S.<br>\nmarket counting for $900 million of the total figure, according<br>\nto official Vietnamese figures.<\/p>\n<p>Last month total textile exports were valued at $250 million,<br>\na year-on-year increase of 69 percent. -- AFP<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/us-retail-say-no-to-import-quotas-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}