Multi-Fibre Arrangement

Posted: 23 May 2002

This has regulated world trade in textiles and clothing since 1974. It is a system of quotas restricting the quantity of textiles and clothing entering the Canadian, US, EU, and Norwegian markets. Industrialised countries agreed to phase it out during the Uruguay Round of trade talks - the WTO Agreement on Textiles and Clothing provides for its removal in four stages between 1995 and 2005.