Read this month’s update on trade and sustainability topics, with on the ground analysis from our international network.
US and Canada
Network Representative, US & Canada
On 2 December, the US Customs and Border Protection (a government entity) issued a detention order against cotton and cotton-containing products from Xinjiang Production and Construction Corp (XPCC) in Xinjiang. XPCC controls a majority stake in the cotton industry in Xinjiang so this Withhold Release Order can be far reaching for all members importing into the US. The prevents the importation of goods into the US if they contain cotton purchased from XPCC at any point in the supply chain process. By doing so, the shipment will be detained and there could be criminal proceedings placed against the importer.
Network Representative, Spain
Long-Term Strategy for a Modern, Competitive and Climate Neutral Spanish Economy in 2050 (ELP 2050)
On 3 November, the Spanish government approved their long-term strategy for decarbonisation. It will serve as a guide to orient investments in the upcoming years, underpinning the government's commitment to moving towards a carbon-free economy.
Together with the Draft Law on Climate Change and Energy Transition, the Just Transition Strategy, the Energy Poverty Strategy, the National Climate Change Adaptation Plan and, especially, the National Integrated Energy and Climate Plan (2021-2030), the ELP is an essential part of the government's Energy and Climate Framework.
The document is consistent with this framework, continuing the path started by the PNIEC and developing the path to achieve the greenhouse gas emission reduction targets established in the Draft Law on Climate Change and Energy Transition.
More information (in Spanish)
Network Representative, India
Cotton Export Projected to Fall
The Cotton Association of India (CAI) has predicted that India’s cotton exports will fall by approximately 10% to 5,400,000 bales per year, while import is projected to remain the same at 1,400,000 bales per year.
Trade Promotion Scheme in the Works
The Textile Ministry is considering a trade scheme estimated to cost over EUR 1.1 billion to stimulate the domestic production of several textile products.
Protest Against the New Agriculture Laws Continue
Leaders of the farmers protesting in Delhi against the new agriculture laws met with the Union Home Minister Amit Shah. The government sent a draft proposal to make necessary amendments to address the concerns of the protesting farmers.