TPL Needed for Central American Textile CompaniesNicaraguan businessmen have proposed that Central America as a whole operates a preferential tariff treatment in the US for imports of textiles in the region.Friday, November 21, 2014
After trying to negotiate, through several formats, tariff preference levels (TPL), so far unsuccessfully, textile entrepreneurs are now appealing to the union of the region to address the issue with the US once again. Source: ElEconomista.net ¿Busca soluciones de inteligencia comercial para su empresa?"Nicaraguan Textile Companies Do Not Need TPL"December 2014 The Under Secretary of Commerce in the United States sees no need for renewal of preferential tariff arrangements, which up to now have favored Nicaragua's textile industry. Nicaragua: TPL for Textile Exports At RiskJune 2014 A bill that is being analyzed by the U.S. Congress aims to reduce the level of tariff preference to only 6% of imports from Nicaraguan textile factories. U.S. May Not Renew TPL with NicaraguaJuly 2013 The U.S. Undersecretary of Commerce stated that Nicaragua no longer needs tariff preferences for its textile industry. Tariff Preferences for Textiles At RiskApril 2013 The preferential system which allows Nicaraguan textiles made with raw materials from countries outside of the DR-CAFTA to enter the U.S. without tariffs will expire at the end of 2014.
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