Editor's Notes: At present, the Russian Ministry of Industry and Trade is working with industry-related associations and alliances to revise and refine the compensatory measures for the textile, apparel and leather footwear industries. The compensatory measures are planned to be sent to the Russian economy by the end of January. The Ministry of Development submits it to the government of the Russian Federation.
As one of the industries most affected by Russia's accession to the WTO, the development of textile light industry is highly concerned by Russia. Russia's relevant industry experts said that in the future, the country's textile light industry will rely largely on government procurement to survive.
It is understood that after Russia was approved to formally join the World Trade Organization at the end of last year, according to the relevant rules of the WTO, its own clothing textiles and footwear will lose its price advantage. According to various departments of the Russian government, it is expected that the Russian light industry after the accession to the WTO will lose 100 million U.S. dollars in the next few years. At present, the Ministry of Industry and Trade of Russia is working with industry-related associations and alliances to revise and refine the compensatory measures related to the textile, apparel and leather footwear industries. The compensatory measures will be sent to the Russian Ministry of Economic Development before the end of January. Submitted to the government of the Russian Federation.
According to reports from Russian media, the main idea of ​​compensatory measures is to hand over the heavy responsibility for the development of light industry in Russia to the military, powerful departments and Other similar institutions that dress uniformly. Business representatives from Russia’s domestic apparel market acknowledge that light industry development will be difficult to survive without government procurement. But industry experts said that Russia has promised to commit itself to joining the WTO Government Procurement Agreement (GPA) and will begin to join the negotiations within four years. Therefore, although the dress of the relevant government departments is still being completed by the Russian domestic production companies, with the deepening of the GPA negotiation process, this market will allow foreign companies to participate for several years. After all, bigger and stronger domestic light industry depends on the policy tilt is temporary, and only improve product competitiveness can really promote the development of the industry.
As one of the industries most affected by Russia's accession to the WTO, the development of textile light industry is highly concerned by Russia. Russia's relevant industry experts said that in the future, the country's textile light industry will rely largely on government procurement to survive.
It is understood that after Russia was approved to formally join the World Trade Organization at the end of last year, according to the relevant rules of the WTO, its own clothing textiles and footwear will lose its price advantage. According to various departments of the Russian government, it is expected that the Russian light industry after the accession to the WTO will lose 100 million U.S. dollars in the next few years. At present, the Ministry of Industry and Trade of Russia is working with industry-related associations and alliances to revise and refine the compensatory measures related to the textile, apparel and leather footwear industries. The compensatory measures will be sent to the Russian Ministry of Economic Development before the end of January. Submitted to the government of the Russian Federation.
According to reports from Russian media, the main idea of ​​compensatory measures is to hand over the heavy responsibility for the development of light industry in Russia to the military, powerful departments and Other similar institutions that dress uniformly. Business representatives from Russia’s domestic apparel market acknowledge that light industry development will be difficult to survive without government procurement. But industry experts said that Russia has promised to commit itself to joining the WTO Government Procurement Agreement (GPA) and will begin to join the negotiations within four years. Therefore, although the dress of the relevant government departments is still being completed by the Russian domestic production companies, with the deepening of the GPA negotiation process, this market will allow foreign companies to participate for several years. After all, bigger and stronger domestic light industry depends on the policy tilt is temporary, and only improve product competitiveness can really promote the development of the industry.
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