Implications of the Termination of the Agreement on Textiles and Clothing (ATC) for Latin America and the Caribbean

Available [in Spanish] at: http://www.cepal.org/cgi-bin/getProd.asp?xml=/publicaciones/xml/0/23120/P23120.xml&xsl=/comercio/tpl/p9f.xsl&base=/tpl/top-bottom.xslt

The impacts of quota elimination under the Agreement on Textiles and Clothing (ATC) applicable since 1 January 2005 are already becoming apparent on Latin American and Caribbean countries' exports to the United States ; despite vastly different performances from country to country, the region as a whole experienced a reduction in market share, in contrast to a marked increase by China . In theory, if this rhythm of growth were to be sustained, the market share of United States imports from China in this sector could increase or even surpass the 50% mark in the next three years. The present issue of this Bulletin is based on the research paper "Implicancias del término del Acuerdo sobre los Textiles y el Vestuario (ATV) para América Latina y el Caribe" [Implications of the termination of the Agreement on Textiles and Clothing (ATC) for Latin America and the Caribbean], LC/L.2399-P of the series Comercio Internacional [International Trade], No 53, October 2005.