Indonesian Political, Business & Finance News

Vote against cotton duty

| Source: BLOOMBERG

Vote against cotton duty

BRUSSELS (Bloomberg): European Commission attempts to impose
five-year anti-dumping duties on unbleached cotton imports from
five developing countries appeared in jeopardy after a majority
of EU governments voted against the plan, the Financial Times
said, without citing sources.

EU government officials voted eight to six against the plan to
impose duties on China, Egypt, India, Indonesia and Pakistan,
with one abstention. Trade ministers are due to take a final vote
on the proposal by Oct. 9.

Last month, India, the world's third-biggest cotton producer,
filed a request for talks on the issue at the World Trade
Organization in Geneva.

View JSON | Print