• Categories
  • Archives

Brazil Gets Promise That Chinese Will Limit Textile Exports

Brazil’s minister of Development, Industry, and Foreign Trade, Luiz Fernando Furlan, confirmed today that there has been progress in the textile accord between Brazil and China. According to Furlan, the Chinese agreed to limit part of their textile exports to Brazil until 2008.

The political settlement was reached alongside the World Trade Organization’s (WTO) 6th Ministerial Meeting, which began Tuesday, December 13, and ends on Sunday, December 18, in Hong Kong, China. The presence of representatives from 149 countries has enabled Furlan to hold bilateral meetings.

Regarding a Chinese self-imposed limitation on textile exports to Brazil, the Minister affirmed that all that is missing is a legal examination of the accord by the Chinese. He said that the Chinese wanted a pledge from Brazil not to resort to safeguard mechanisms against other Chinese products.

The proposal was rejected, but Furlan guaranteed that Brazil will make every possible effort, via bilateral channels, before applying protectionist measures in other sectors.

According to Furlan, the Brazilian offer was accepted as the "basis" for an accord, but the matter will be discussed further at a meeting scheduled for January in the Chinese capital, Beijing.

The safeguards would cover synthetic fabrics, textured polyester threads, silks, velvets, sweaters and pullovers, embroidery, and knitwear shirts.

Agência Brasil


  • Show Comments (2)

  • Guest

    Chinese promises !
    Chinese promises are just as good as Lula promises : they are rarely implemented.

  • Guest

    Negotiating with Chinese !
    Dont take it for granted.

    Chinese are far smarter and trickier than what you think !

    Furlan desires are only wishes, so far, not facts.

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.


You May Also Like

Brazilian University Will Fill Half of Its Vacancies with African Students

Brazilian President, Luiz Inácio Lula da Silva, forwarded to the National Congress a bill ...

House by the river on Brazil Amazon

10 Million or 45% of Brazil’s Amazon Population Live on Less Than US$ 2 a Day

Brazil may not achieve the UN Millennium Development Goals because parts of the country ...

It’s Northeast’s Time in Brazil, Says Lula

Brazilian President Luiz Inácio Lula da Silva, speaking on his fortnightly radio program, Breakfast ...

Brazil and Venezuela Embark on Broad Alliance

Brazil’s President Luiz Inácio Lula da Silva is traveling Sunday, February 13, to Caracas ...

Brazil Tries to Convince World that Biofuels Won’t Cause Hunger

Will Brazil be able to persuade about 30 Latin American and Caribbean countries that ...

With US$ 36-Million Expansion Done, Brazil’s Gol Seeks FAA’s Certification

Brazilian Airline Gol has finished the expansion work on its Aircraft Maintenance Center, in ...

Textile Production Falls in Brazil. Chinese Are Blamed.

Between January and April of this year, the São Paulo, Brazil, textile industry produced ...

Brazilian Jihad: Suicide Attack on Copacabana Beach

“Anything can happen on Rio’s beaches.” So say the tourist guides. This is the ...

Gabarito Highschool in Brazil

Brazil Has a Pact of Mediocrity in Economy, Society and Culture

Brazil has a pact of excellence in soccer and in sports in general. But ...

General’s Suicide in Haiti, Won’t Deter Brazil, Says Army Chief

Brazilian army commander in chief, general Francisco Roberto de Albuquerque, declared, Thursday, January 12, ...