1887

An Evaluation of the Multifibre Arrangement and Negotiating Options

image of An Evaluation of the Multifibre Arrangement and Negotiating Options

English

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Preface

The renegotiation of the Multifibre Arrangement (MFA) which expires at the end of 1981 is now getting under way in Geneva. The next six months will be crucial in deciding the future shape of trading in this key sector that accounts for a substantial proportion of developing countries' exports of manufactured products. The avowed aim of the agreement which entered into force in 1974, was to facilitate trade liberalisation through the orderly growth in developing countries' textile and garment exports to industrialised country markets allowing time for adjustment to take place in the domestic industries of industrialised countries.

English

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