Costa Rica will ask El Salvador to expedite the textile discussion

Costa Rica will insist that El Salvador speed up the local process for textiles regarding the agreement of association between Central America and the European Union.

Friday, October 3, 2008

"El Salvador has reservations with moving ahead with the topic of textiles and if this is not done quickly, we are going to fall behind," Minister of Foreign Trade, Marco Vinicio Ruiz, warned at a press conference on Thursday where it pointed out that the region has 90% of the tariff offer completed.
He indicated that Central Americans are awaiting the position of the EU on "the geographical location regarding intellectual property," which refers to the denomination of origin which, in the case of Costa Rica, has raised concerns in certain sectors such as coffee and cheese producers.

More on this topic

EU Fells Short in Textile Proposal

February 2010

The first proposal sent by the European Union didn’t satisfy the expectations of the textile industry of Central America.

In the specific case of Nicaragua, the quota offered by the European Union does not even cover 10% of the sector’s aspirations.

“Central America and the EU have reached an agreement regarding market access for 90% of their respective products.

Honduran Maquila Requests More Flexibility from EU

March 2010

The Honduran Maquila Association asked the European Union to be more flexible when negotiating the Association Agreement with Central America.

Guillermo Matamoros, executive director of the Association, argued that EU’s rigid position “is not in line with its humanist discourse”.

Free Trade spurs sales of Accesorios Textiles S.A.

June 2008

Accesorios Textiles S.A. invested 1.5 million dollars to provide labos to manufacturers of garments sold in the United States under the free trade agreement.

This Guatemala company is an example of the multiplier effect of free trade. Since the middle of 2006, when the agreement went into effect, it has invested more than 1.5 million dollars to buy machinery, expand facilities, and hire personnel to diversify its production.

Not All of EU Textile Quota Will Be Used

October 2013

In the remainder of the year Nicaragua will only take advantage of 30% of the eight million pieces of textiles that the EU has assigned it, meaning that sales will be worth just $2 million.

Dean Garcia, executive director of the Nicaraguan Association of the Textile and Apparel Industry, explained that with one quarter of the year left it will be difficult for Nicaraguan firms to find new European customers.

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