2. Members agreed to use the provisions of Article 2, paragraph 18, and Article 6, paragraph b, paragraph 6, point b), so that small suppliers have tangible access opportunities and to develop economically important business opportunities for new entrants to the textile and clothing sector. (1) The Multifibre Agreement (MFA) regulates world trade in textiles and clothing between 1974 and 1994 and imposes quotas for quantities that developing countries could export to industrialized countries. Its successor, the Textiles and Clothing Agreement (ATC), expired on 1 January 2005. This agreement and all the restrictions are denounced on the first day of the 121st month of the 121st month of the WTO agreement, which fully integrates the textile and clothing sector into the 1994 GATT. There is no renewal of this agreement. 10. However, if there is no agreement among members after the 60-day period from the date of the consultation request expires, the member responsible for taking safeguard measures may apply the restriction after the import or export date provided for by this article within 30 days of the expiry of the 60-day period for consultations. and at the same time, refer to the TMB. It is open to both Member States to refer the matter to the TMB before the 60-day period expires.
In both cases, the TMB promptly reviews the matter, including the finding of serious injury or a real threat to such damage, and its causes, and makes appropriate recommendations to the members concerned within 30 days. For the purposes of this review, the TMB disposes of the factual data provided to the Chair of the TMB in accordance with paragraph 7 as well as any other relevant information provided by the members concerned. Recalling that the ministers of Punta del Este agreed that the negotiations in the textile and clothing sector aim to establish modalities for the possible integration of this sector into the GATT, on the basis of strengthened GATT rules and disciplines, thus contributing to further trade liberalisation; (c) for wool products originating in developing wool countries, their economy and the textile and clothing trade depend on the wool sector, whose total exports of textiles and clothing are almost exclusively made up of wool and whose volume of textile and clothing sales is relatively low in the markets of importing members. , the export needs of these members are the subject of particular attention when considering the number of quotas. growth rate and flexibility; The Multifibre Agreement (MFA) was an international trade agreement on textiles and clothing that was in force from 1974 to 2004.