Cooperation Between The Ministry Of Economics And The Association Of Latvian Textile And Clothing...
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Transcript of Cooperation Between The Ministry Of Economics And The Association Of Latvian Textile And Clothing...
National Day of Latvia organized by European Apparel National Day of Latvia organized by European Apparel and Textile Organization and Association of Latvian and Textile Organization and Association of Latvian
Textile and Clothing IndustryTextile and Clothing Industry
Cooperation between the Ministry of Economics and the Association of Latvian
Textile and Clothing IndustryDina Eglite
Deputy Director, Department of Foreign Economic Relations and Trade Policy
Ministry of Economics of Latvia
Riga, May 19, 2004
This document has been produced with the financial support of the European Community’s BSP2 programme. The views expressed herein are those of of CAST and can therefore in no way be taken to reflect the official opinion of the European Commission
The specific weight of textiles The specific weight of textiles in Latvian foreign trade in in Latvian foreign trade in
20032003
The specific weight of textiles:
in total export of Latvia – 12,6%
in total imports of Latvia – 6,5%
84% of textiles produced in Latvia are exported
Development of foreign trade Development of foreign trade with textiles in 2000-2003with textiles in 2000-2003
262,2244,1
282,8260,1
291,8278,1
365,5340,3
0
50
100
150
200
250
300
350
400
2000 2001 2002 2003
Export
Import
Export of textiles and textile articles in 2003
EU75,0%
CIS6,3%
Baltic states9,1%
EFTA2,9%
Others4,7%
CEFTA2,0%
Import of textiles and textile articles in 2003
EU66,5%
EFTA2,0% CIS
5,0%CEFTA
7,1%
Others10,7%
Baltic states8,7%
Challenges of Latvian textile and clothing industry Challenges of Latvian textile and clothing industry after EU enlargementafter EU enlargement
Wider possibilities in:EU common market ( EU –25)
framework of EU concluded preferential agreements
Introduction of import quotas and double-checking system from certain third countries (for 8 months of 2004)
Introduction of Common External Tariff Introduction of EU Trade Defence Measures
Preparation of Latvian companies for Preparation of Latvian companies for new regulatory environment after new regulatory environment after
enlargementenlargement
Seminars organized by the MoE and the Association (in Riga and regions)
Informative publications in mass media Individual consultations in the MoE and the Association Website of the MoE
Implications of enlargementImplications of enlargement
Latvia will drop their prerogatives in external
trade:
denounce or re-negotiate international
agreements incompatible with the obligations
of membership ( one of them Free Trade
agreement with Ukraine)
Main import partners among the third countries after Main import partners among the third countries after 01.05.2004.01.05.2004. (forecast)(forecast)22,8
12,711,1 10,5
7,8
4,3 3,7 3,3 2,8 2,4
0
5
10
15
20
25
Ch
ina
Tu
rkey
Ru
ssia
Nor
way
Uzb
ekis
tan
Bel
aru
s
US
A
Ind
ia
Sw
itze
rlan
d
Kaz
akh
stan
%
Main export partners among the third countries after Main export partners among the third countries after 01.05.2004. (forecast)01.05.2004. (forecast)
1,81,92,23,3
6,1
11,311,511,9
21,623,1
0
5
10
15
20
25R
ussi
a
USA
Bel
arus
Nor
way
Ukr
aine
Icel
and
Can
ada
Swit
zerl
and
Chi
le
Kaz
akhs
tan
%
Future tasks of the Ministry of Economics in Future tasks of the Ministry of Economics in the framework of EU textile industry policythe framework of EU textile industry policy
Innovation Labelling Research & Development
- knowing consumer- variation of products (fashion)- branding
Important issues for Latvia in the Important issues for Latvia in the framework of the EU Common Trade framework of the EU Common Trade
PolicyPolicy Widened access to third countries’ markets
- abolition of non–tariff barriers - abolition of additional taxes and duties
Regional integration with Euromediterranean countries (free trade area)
Protection of intellectual property Prevention of unfair trade
Latvian Export Promotion Policy Latvian Export Promotion Policy GuidelinesGuidelines
to strengthen export-promoting state institutions and their cooperation with non-governmental organisations;
to enhance the competitiveness of Latvian companies at regional and global level;
to provide quality information and financial support to companies to implement external marketing activities (market researches, international exhibitions, trade fairs and missions);
to facilitate entry into new markets and diversification of exports; to provide training to the managers of Latvian companies on
international trade practice and development and implementation of marketing strategy for the companies;
to provide access to export guarantees, credits and insurance services
Future prospects of cooperation Future prospects of cooperation between MoE and LATCbetween MoE and LATC
Close and active work on proposals for the EC improving t/c sector competitiveness conditions;
Establishment of favourable domestic framework;
Building confidence of t/c companies working in free and fair international trade environment