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India's Textile And Clothing Exports Essay

980 words - 4 pages

India's textiles and clothing exportsAbstractThis paper's aim is to report and analyse the outcomes of a survey made on the basis of India's textiles and clothing exports.In order to identify and analyse the impact on non-tariff measures(NTMs) the survey was used as a method.Suprisingly,though,the NTMs are regarded as measures that increase and promote efficiency and competitiveness within the industry.Nowadays,non-tariff barriers(NTBs) have gained importance as an alternative trade policy instrument for tariffs.NTBs are barriers to trade different than tariffs,including both trade restricting measures(quotas) and trade promoting measures(export subsidies).These measures are often used as a suppressed effort to protect domestic markets from competition.NTBs have avoided possible gains which developed countries could have taken advantage of through lower tariffs.NTBs have expanded lately due to the flexibility of the WTO rules.The products in which the developing countries have a comparative advantage,such as -food products,chemicals,pharmaceuticals,textiles,engeneering products etc-, are the ones more targeted on NTBs.To define NTBs,it can be said that a tariff barrier is any restriction imposed on trade.Trade barriers can be both tariff barriers of non-tariff barriers.A tariff barrier is a tax levied when a good is imported.Non-tariff barrier is any trade barrier other than tariff barriers. "The broadest definition of a non-tariff barrier is any measure other than a tariff that distorts trade" . There are other definitions of NTBs such as - "any measure (public or private) that causes internationally traded goods and services, or resources devoted to the production of these goods and services, to be allocated in such a way as to reduce potential real world income" and "Any governmental device or practice other than a tariff which directly impedes the entry of imports into a country and which discriminates against imports, but does not apply with equal force on domestic[1: Economic Times, September 29, 2009][2: Linkins, 2002][3: Baldwin ,1970]production or distribution".[4: Hillman ,1991]GATT(General Agrement on Tariffs and Trade) and UNCTAD(The United Nations Conference on Trade and Development) use the term 'non-tariff measures' which,by definition, includes export restraints and production and export subsidies ot other measures with the same effects.Studies have shown that exports in India are affected by NTMs to a large extent.Anti-dumping has become an important tool for countried like USA,which are becoming more and more protectionist and drastic when it comes to imports by "putting import restrictions on non-trade issues such as labour norms,animal welfare,climate issues" etc. [5: Textile Express, 16 - 31 March 2005.]The information concerning NTMs on exports in India across product and country is to be found in the annexure below. It can be seen that Textiles and Clothing(T&C) products have the biggest number of NTMs.Approximately...

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