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Photo: Photodisc |
Exporting Textiles & Clothing: What’s the Cost for LDCs?
By Matthias Knappe, ITC
The end of quotas in the textiles and clothing industry benefits large Asian producers. Yet other countries also have a stake in the business. The sector plays a major economic role in many least developed countries, especially in Africa, and in other small, vulnerable countries. To avoid losing important business, their firms need to exploit duty-free advantages to the full, diversify products and expand their supply chains.