| Survey to focus problems faced by
textile exporters
The Federation of Indian Chambers of Commerce
and Industry (FICCI) is conducting a survey on the problems being
faced by domestic exporters due to non-tariff barriers (NTBs) imposed
by the Western World.
Paramananda Nayak, Director (Market Research),
Textiles Committee said that the Textile Ministry will soon submit the
report to the Ministry of Commerce and Industries.
The domestic textile exporters face multiple NTBs
in different markets, which include labeling of shipment, security
parameters, complicated requirements of rules of origin and
documentary clearance requirements.
Industry experts said it was perceived that trade
in the post-quota era will remove barriers it, but now, it had, in
fact, become more complicated. The quota still continues to be used as
a convenient protectionist instrument as seen in the case of the
European Union (EU) and the US imposing quantitative restrictions.
The European Union is the seen as the main
culprit in terms of NTBs followed by the US. More than 75% of the
domestic textiles exports head towards the US and the EU.
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