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Related Keywords: American Sheep Industry Association, American wool exports, bring foreign wool companies to US, cooperates with U.S. Department of Agriculture, Foreign Agricultural Service program, greasy wool exports, other countries, rebounded strongly with 24 percent, this market year, vital in expansion of American wool exports

The American Sheep Industry Association cooperates with the U.S. Department of Agriculture’s Foreign Agricultural Service program. The FAS program’s has been vital in the expansion of American wool exports to other countries. With this matching fund program, ASI is allocated approximately $1 million each year and it has been key to bringing foreign wool companies to the United States, as well, as other promotional programs to export American wool, said ASI Wool Marketing Director Rita Samuelson.

Related Keywords: apparel sector, EPCG scheme, export subsidies on textile, India crossed competitiveness, India to phase out, Indian export basket, interest subvenion scheme for export credit, Japan, new foreign trade policy, other countries, Turkey, US supported by EU, WTO member countries, WTO subsidies committee meeting

In the WTO subsidies committee meetings, the WTO member countries, in particular the US supported by European Union, Turkey, Japan and others have asked India to phase out of export subsidies on textiles and the apparel sectors, Parliament was informed today.

As per the WTO data for 2006 and 2007, India has crossed the export competitiveness limit (exports reaching 3.25 percent of the world trade) consecutively for two years in these sectors, this was informed by Commerce and Industry Minister Nirmala Sitharaman in a written reply to the Lok Sabha.