China willing to restrict textile exports to South Africa
(Xinhua)
Updated: 2006-06-22 08:43
Chinese Premier Wen Jiabao on Wednesday assured South African President Thabo
Mbeki that China is willing to restrict its textile exports to South
Africa.
The two governments also concluded a draft agreement on trade
between the two countries along with other agreements covering wide range of
fields.
The Chinese premier said at a press conference in Cape Town that
he and President Mbeki had reached "full understanding and accommodation" on the
issue.
"We both agree that the issues in the textile trade will in no
way compromise the overall economic relations and trade between the two
countries," he added.
Wen told reporters after talk with Mbeki that
China would not seek to take over the market share of other countries by simply
enlarging the scale of its textile production.
He pledged that China
would continue to honor World Trade Organization (WTO) rules, while doing its
best to help affected countries enhance their own capacity in textile
production.
"We are willing to take self-restrictive steps and measures
to restrict China's export of textiles to South Africa in order to ensure the
stability of the textile market in this country," said Wen.
The Chinese
premier said that China will also render necessary assistance and expertise to
South African textile industry.
He added that Mbeki had made "very
positive responses" and told him the "issue is over".
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