Abstract
The phasing out of the Multi-Fibre Arrangement opens up many opportunities and challenges for the developing countries. The Agreement on Textiles and Clothing (ATC) is now an integral part of the WTO with a 10-year transitional agreement with a four-stage integration programme.
The paper covers many areas of the ATC, which are of concern to India. Also, it attempts to highlight Indian textile industry's strengths, weaknesses, production technology, international competition and challenges to be faced in this context by India. Authors also highlight some of the problems, which need to be addressed in future negotiations of the ATC.
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