New benefits for textile sector from FTA with the U.S.A.
Starting August 15 the textile sector will have at its disposable new mechanisms to take greater advantage of the Free Trade Agreement with the United States.
Wednesday, August 13, 2008
Recent modifications to CAFTA offer new benefits to textile companies.
The amendment relates to technical details regarding the rules of origin related to spandex or lycra fabrics, thread, and pajama pants.
The Dominican Republic, Central America and the U.S. agreed to make adjustments in agriculture, sanitary standards, textiles and disputes.
Since yesterday 99% of Costa Rican exports will enter the US market tariff-free.
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.
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