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The Role of Textiles Monitoring Body in the Agreement on textile and clothing and its Significance in International Trade

Keywords: textile monitoring board , GATT , Short-Term Cotton Arrangement , Long-Term Arrangement , ATC , MFA , WTO , Indian Dispute (Blouse Case) , Women's Coats Case

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Abstract:

Textiles and clothing are among the sectors where developing and least developing countries have the most to expand from multilateral trade liberalization. The Textile Monitoring Board [TMB], one of the adjudicator forums for disputes resolution under the accord, faces a significant challenge in carrying out this duty because of the agreement on Textile and Clothing. The aim of this article is to discuss the role of the TMB in resolving the transnational disputes and its status in resolving international trade dispute aspects. This article focuses on the working and function of TMB in contemporary days. The article analyses cases, which show the weakness of the TMB in resolving disputes. Lastly, this paper argues for a transparent international trade deals.

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