The spanish company that manufactures textiles for hotels and hospitals, Resuinsa, has announced the opening in Costa Rica of a distribution center for the region.
Resuinsa announced that from its logistics center in Costa Rica it will distribute its products to Nicaragua, Honduras and El Salvador, as well as supplying the local market.The company manufactures and supplies textiles to hotel chains, hospitals and nursing homes.
On January 10 Government Agreement No. 3-2017 concerning amendments to Government Agreement No. 533-89 "Regulations of the Law on the Promotion and Development of Export and Maquila Activities" was published in the official newspaper.
In the agreement between the region and South Korea the rule of origin for Salvadoran Textiles was recognized, which will prevent the importation of fabrics to later be used in the manufacture of garments in El Salvador.
The Salvadoran government managed to include in the agreement the recognition by South Korea of a rule of origin for textiles, in order to protect the entire chain in a country where virtually all of the raw materials for the manufacture of garments are produced, with the exception of cotton.
A report by the Business Intelligence Unit at CentralAmericaData.com notes that in 2015 Central American countries imported $318 million worth of yarns, filaments and textiles, led by El Salvador with $157 million.
El Salvador was the main importer of synthetic filaments, strips and materials similar to synthetic textiles last year, according to data on the Textiles and Raw Materials Market compiled by the Business Intelligence Unit at CentralAmericaData.com.
Efforts are growing to minimize the impact of the possible signing of the Trans-Pacific Partnership Agreement, and a tariff reduction program with long deadlines for sensitive products has been proposed.
As negotiations proceed to sign the Trans-Pacific Partnership Agreement (TPP), the textile industry in El Salvador is stepping up its efforts to maintain the conditions of the CAFTA treaty and minimize the impact that the TPP will have on the sector in the long term. One of the main risks is that "... Vietnam could introduce products from China and then export them tariff-free to the United States, which would give them a huge competitive advantage. "
In order to improve their competitiveness in the manufacturer of uniforms and baseballs Rawlings Costa Rica will move its uniform line to El Salvador, laying off 200 workers.
The company which has operations in Turrialba announced that the main reason behind the transfer of operations is to do with competition.The manager Alejandro Cotter told Crhoy.com that "... 'uniforms are a very competitive in the global market, unfortunately Asia dominates and we in Costa Rica have certain disadvantages, not only due to national situations but also because of the scale we produce, it is an exclusive line for a small segment.'"
Under public consultation is a draft procedure for the payment of tariffs on imported materials and payment of sales tax and selective consumption tax for the final goods.
In the application of Article 21 of the Free Zones Act and 136 of the Rules which provide that companies classified as processing industries that process or assemble exported goods, whether or not and they meet the requirements of Article 21 of the Free Zones Act, pay tariffs on goods subject to local sales only on imported materials used in both the payment of the remaining taxes (Excise Tax consumption and sales) are paid on the final good; the draft procedure is available at the website www.hacienda.go.cr/contenido/12512-propuestas-en-consulta-pública under the name "Process Sale Estate category f) for public consultation", for the purpose of allowing the submission of comments, within 10 working days, using the following email addresses: email@example.com, firstname.lastname@example.org.
The maquila industry approves of the government's decision to apply for formal admission into the agreement, which would improve conditions for textile companies competing with countries like Vietnam.
The Honduran Maquila Association (AHM) is one of the unions in the country which is most interested in being part of the trade union agreement, because the United States is the main destination for its production, and where textiles also come from countries that are already part of the agreement, such as Vietnam.
Honduran textile companies are not prepared for the total elimination of industrial exclusions demanded by Peru in the negotiation of the trade agreement.
The textile sector represents 20% of the items to be negotiated in order to close the FTA deal with Peru. This negotiation focuses on issues relating to rules of origin of threads and a request by Peru to eliminate industrial exclusions.
Nicaraguan industrialists pay more than their competitors in other Central American countries for the Colombian raw material they consume.
The 35% charged for "patriotic duty" on imported products from Colombia is affecting the performance of the productive sector and taking away competitiveness from Nicaraguan in the region. The business sector is once again demanding the elimination of the tariff particularly for the materials purchased by industrial companies.
Six companies lead the list of textile importers in the country, where 14% of total imports correspond to nonwoven man-made or synthetic fibres.
The Costa Rican Chamber of Importers reports that "... this type of fabric (nonwoven synthetic filaments), weighing only 25 grams or less per square meter is 12.5%, followed by dyed fabrics with 3.3%. " The remaining 46.8% is represented by the heading 'other', which does not specify the type of fabrics in this group.
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