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Exhibition Status Update!

With 3 weeks until SHOWTIME, the 20th Anniversary edition welcomes an All-Star cast of new and returning exhibitors, making up the largest DOMOTEX asia/CHINAFLOOR to date. Due to high demand in all product...

Global designers to exhibit at Luxury Br…

Designers from Europe, Middle East and North America will exhibit at the upcoming Luxury Brands Carpet Show. The second edition of the curated Luxury Brands exhibition and designer carpet collection is scheduled to...

H&M to dress Swedish teams for Olymp…

Hennes and Mauritz Group (H&M) will dress the Swedish teams for the Winter Olympics and Paralympics in PyeongChang 2018. The company will create outfits for the opening and closing ceremonies. The collection will...

Saurer to show Allma TechnoCorder TC2 at…

Saurer Technologies GmbH & Co. KG Twisting Solutions, a leading provider of energy efficient solutions for tire cord, carpet, staple, glass filament, and industrial yarns, will present its Allma TechnoCorder TC2 innovative machine...

Cone Denim and Unifi launch S Gene with …

Cone Denim and Unifi have launched the latest in advanced stretch technology - S Gene with Repreve . Combining the advanced stretch technology of S Gene with the superior sustainability and performance of...

Shima Seiki to partake in Premiere Visio…

Leading computerised knitting machine developer, Shima Seiki Mfg., Ltd., is set to participate at the Premiere Vision show, a global event for fashion professionals, to be held in Paris, from February 13 to 15, 2018...

Measurably more productive and econom- i…

Even if the winding machine is only responsible for about 10-15% of the energy consumption (compressed air and electrical energy) when considering the classic ring spinning process, these criteria play an important role...

Wool to dominate at Intertextile Shangha…

Some 3,300 exhibitors from around 20 countries covering all apparel fabrics and accessories product groups are expected at the Spring Edition of the industry’s most comprehensive sourcing platform for the spring/summer season, Intertextile...

Mexico hopes to resolve textile trade dispute with China

Mexico hopes to resolve textile trade dispute with China
courtesy: El Universal/Edrian Hernandez

(Mexico)

The Government of Mexico and representatives of Mexican textile and apparel associations have expressed confidence that they would be able to resolve the ongoing trade dispute with China in three months time, in view of the agreements reached between the two countries during the visit of Chinese President Xi Jinping to Mexico.

Addressing a press conference, Francisco de Rosenzweig, Mexican Foreign Trade Undersecretary highlighted China’s commitment to resolve the textile trade dispute with China.

"We are taking a three-month horizon to achieve a solution to this problem," said De Rosenzweig, who addressed the media, along with representatives of the textile and garment sector.

He informed that the next bilateral meeting between China and Mexico will take place later this month in China.

In October 2012, Mexico filed a compliant with the World Trade Organization (WTO) asking it to start discussions with China. Mexico blamed the Chinese Government of subsidizing the textile and garment manufacturing sector, resulting in unfair competition for the Mexican textile and clothing industry.

During his visit, President Xi and his Mexican counterpart Enrique Peña Nieto agreed to create a “comprehensive strategic partnership” to strengthen the political and commercial ties between the two nations. The leaders also laid emphasis on encouraging Chinese investment in Mexico.

The Undersecretary said they received China’s commitment to resolve the textile trade dispute without any “concession or some other service”.

However, Moses R. Kalach Bales, president of the Mexican National Chamber of Textile Industry, said they will not compromise their legal rights and would continue with their complaint to the WTO.

He said the problem has not been solved by the state visit of the Chinese President. He pegged the annual losses for the Mexican textile industry at US$ 15-20 billion due to undervaluing of Chinese products.

He added that Mexican textile exports to China would increase from the current US$ 150 million to about US$ 500 million in the coming years, if the trade dispute is resolved.

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Kohan Textile Journal

Middle East Textile Journal

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