The Uruguay Round Agreement on Textiles and Clothing (ATC), approved by Congress as part of the Uruguay Round Agreements Act, provides for the integration of the textiles and clothing sectors into the World Trade Organization.
|
The second and third phases of the integration will commence on January 1, 1998, and January 1, 2002, respectively. According to the provisions in the ATC, products in the second integration phase will account for not less than 17% of the total volume of imports in 1990 of the products in the annex to the ATC. Products in the third integration phase will account for not less than 18% of this total volume. (The first integration phase took effect on January 1, 1995 and the list of products in the first integration phase was published in the Federal Register on October 13, 1994 (59 FR 51942). The final phase of the integration will commence on January 1, 2005, and will include textile and apparel products in the annex to the ATC which were not integrated during the first, second or third integration phases.) Products were selected from the ATC's four required groups: clothing, fabric, made-up textile products and tops and yarn.