TRADE BRIEFS

TRADE BRIEFS

MEETINGS ON INDIA WOOL

END WITH NO DECISIONThe Textile Monitoring Board wrapped up a weeklong series of meetings last week on a U.S. decision to curb wool imports from India.

But as of Friday evening, the arm of the World Trade Organization still hadn't made a decision as to whether three categories of wool garments from the South Asian nation were damaging U.S. industry.

The TMB oversees the WTO's new international Agreement on Textiles and Clothing. The categories of Indian goods include men's and boys' non-suit wool jackets; women's and girls' wool coats, jackets and blazers; and women's and men's woven wool shirts and blouses.

ENVIRONMENTAL MISSION

TO VISIT THE FAR EAST

WASHINGTON - The Commerce Department is inviting companies to take part in an environmental technologies trade mission to Taiwan and Hong Kong, Dec. 4-13.

Commerce officials said Hong Kong will offer U.S. environmental equipment and services suppliers about $2.5 billion in business opportunities over the next five years. Taiwan, they estimate, will keep boosting its pollution control equipment purchases by about 20 percent a year. In 1992, those purchases totaled $930 million.

The deadline for participating in the mission is Oct. 15, Commerce said. Information may be obtained from Denise Carpenter or Camille Richardson at Commerce's Office of Environmental Technology Exports.

CHINA SEES '95 TRADE

TOPPING $300 BILION

BEIJING - China expects 28 percent year-on-year growth in foreign trade for 1995, exceeding $300 billion for the first time, according to a forecast by the State Information Center.

The projected total of $303.5 billion would comprise $163.23 billion of exports, an increase of 35 percent over 1994, and $140.26 billion of imports, up 21 percent.

The first half ended with trade volume of $126.4 billion, 29.6 percent more than a year earlier. Export value was $69.8 billion, a rise of 44 percent, and import value $56.6 billion, up 15 percent.