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Russia'S Accession To WTO Brings New Opportunities For Export Of Textile Enterprises.

2011/12/21 10:24:00 14

Russia'S Entry Into WTO Brings New Opportunities For Export Of Textile Enterprises

Recently, Russia has formally joined the world trade organization, in accordance with Russian commitments.

Russia

The average import tariff level will drop to 7.8% from 10% in 2011.

From the date of accession, more than 1/3 of Russia's import and export tax items will be subject to a new downward tax rate, and 1/4's tax items will be adjusted in 3 years.


For a long time, the Russian textile and clothing market has attracted much attention in the international market, and our country has been Russian textiles.

clothing

One of the main suppliers of imports.

According to the statistics of Shaoxing County Commerce Bureau, the total export volume of textiles exported to our county was US $160 million in the first three quarters of this year, involving 518 enterprises.


What will Russia's market entry into the "WTO" era bring to our county's textile enterprises?

change

?


County Commerce Bureau Foreign Trade Division responsible person told reporters that the Russian market in our county textile exports accounted for a small share, but involves more enterprises.

For a long time, the Russian market is hard to expand for various reasons.

Because Russia is a heavy industry country, most of the domestic light industry products rely on imports.

Although the Russian textile industry has made great progress in recent years, the overall analysis still can not meet the growing consumer demand in China, and the annual import volume is still growing, and there are still great business opportunities.

Russia's accession to the WTO means that it will fully integrate into the global economic integration since then. All trade practices will be carried out in accordance with WTO rules.

For our county textile enterprises, there will be a more sunny and standardized trading environment.

In the long run, it is good for our county enterprises to make bigger and more sophisticated Russian markets.


"The market is very attractive, but it also requires textile companies to step up the pace of market changes."

Shaoxing Shenghua Textile Co., Ltd., Shaoxing Huaxin Textile Co., Ltd. is a better export enterprise in our county. Many foreign trade personnel believe that Chinese products have been popular with consumers in the Russian market for a long time.

But with the improvement of the living standard of Russian residents and the increase of consumption level, the demand for medium and top grade products is expanding.

With the accession to WTO, the Russian market will be open to more countries and will attract more trade partners to join. Therefore, our county enterprises should make timely adjustments according to the market demand and expand the proportion of medium and high grade products.


"Farewell to low quality low price competition, to quality and brand development."

During the interview, the chief executive of many textile enterprises in our county believed that as a traditional supplier of Russian textiles, the Chinese enterprises should see the market development and change, and export products should be changed along with the development and changes of the Russian market, so that they can be based on the Russian market in the long run.

As an enterprise, it is necessary to carry out innovative research and development on the basis of analyzing the Russian market, develop new textile fabrics suitable for the local market, and increase brand publicity.


Many people in the industry also think that after Russia's accession to the WTO, the export volume of our county will gradually increase, and this more standardized and mature market will have unlimited business opportunities.

At present, many enterprises in our county have also set out to set up branches and set up windows in Russia.

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