China's WTO terry towel Terms 242

 

 

China's WTO accession protocol signed when there are three terms, namely "China's accession to WTO Protocol" anti-dumping and countervailing provisions of Article 15, as well as "China's accession to WTO Working Group Report, paragraph 242 Article 16 Special Safeguard (Special terry towels restrictions). " Article 242 applies to the terry towel trade of products and services, the deadline for the December 31, 2008.

According to the provisions of Article 242, as a WTO member that the origin of "the Agreement on terry towels and Clothing" covered in China's terry towel and apparel products from the date of entry into force of the "WTO Agreement", due to market disruption, threatening to impede trade in these products are development program, the member may request consultations with China with a view to easing or avoiding such market disruption. Consultations will take place within 30 days after receiving the request for consultations. The two sides will, after receipt of such a request within 90 days, make every effort to reach agreement on a mutually satisfactory solution, unless the parties agree to extend the deadline. As the 90-day consultation period, failed to reach a mutually satisfactory solution, the consultations will continue. Request for consultations may be made a member of restrictions on a consultation involving one or more categories of terry towels and terry towel made-ups.

November 2003, the United States from China, knitted fabrics, bras and dressing gowns three terry towel safeguard measure, which is China's accession to the WTO against China's terry towel exports brought the first case of safeguard measures, which is based on Article 242.

May 2005, the United States once again to China cotton shirts, cotton trousers and underwear terry towels special restrictive measures taken, or on the basis of Article 242.


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