Guatemala, 5 Years after CAFTA-RDTuesday, June 29, 2010 Exports have grown a mild 3.4%, with agricultural goods leading the way; Guatemala’s trade balance with the U.S. remains negative. It is possible that the U.S economic crisis prevented the treaty from producing better results for Central American nations, but it is also probable that it helped soften the negative economic effects of said crisis. Free Trade spurs sales of Accesorios Textiles S.A.Monday, June 16, 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. Mexican textiles re-exported to US tariff-freeTuesday, June 17, 2008 Applying the "country of origin" clause, clothing made in Central America from Mexican textiles will not be subject to U.S. import duties. The measure, negotiated in 2003, allows U.S. imports of up to 100 million cubic meters per year of clothing made in Central America with Mexican textiles, under the country of origin clause. Is this the Moment of the Textile Industry?Monday, May 28, 2012 Aggressive measures must be taken in marketing and attracting investment in order to exploit the possibilities opened by the DR-CAFTA and changes in the global market. From Diario de Centro América: Opportunities for Textile Trade AgreementsWednesday, November 6, 2013 On November 8 a seminar will be held in El Salvador to analyze the opportunities brought by CAFTA and the AA to the sector. The event will be held at Hotel Hilton Princess, from 8:00 a.m. to 11:00 a.m. TPL Needed for Central American Textile CompaniesFriday, November 21, 2014 Nicaraguan businessmen have proposed that Central America as a whole operates a preferential tariff treatment in the US for imports of textiles in the region. 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. Nicaraguan Textiles Lead in Central AmericaThursday, July 28, 2011 Between January and May sales grew by 25% compared to the same period in 2010. The rise in sales to the U.S. was higher than to countries like El Salvador, Honduras and Guatemala, which increased by 19%, 17% and 13% respectively in the same period. Honduras: Cheap Power for Textile IndustryTuesday, February 4, 2014 The private sector and the government are developing a plan to maintain competitiveness and minimize the effect of the zero tariff entry of textiles to the U.S. market from Vietnam. The program being worked on is called 'Total Occupancy of Industrial Parks'. The plan involves reducing the cost of electricity in the maquila parks, developing a project for generation which will devote its production to industrial parks and offer "in the case of new projects, a discounted rate (per kilowatt)". "Nicaraguan Textile Companies Do Not Need TPL"Tuesday, December 2, 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. Statements by the senior official of the Obama administration fell like a bucket of cold water over textile entrepreneurs, who claim that without the renewal of TPL, production costs will increase by up to 40%. Nicaragua: TPL for Textile Exports At RiskMonday, June 9, 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. Although the possibility exists of an extension of the current Tariff Preference Level (TPL) until 2015, American congressmen have proposed that the benefit be granted only on cotton pants, which represent the lowest proportion of Nicaraguan textile exports to the United States. Tariff Preferences for Textiles At RiskTuesday, April 16, 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. "... By the end of next year the nine-year grace period given by the United States to Nicaragua will expire, a benefit known as tariff preference level (TPL) which allows the country to export clothing made from yarn and fabrics from third countries for a maximum annual volume of one hundred million square meters." noted an article in Laprensa.com.ni. El Salvador and the Trans-Pacific PartnershipWednesday, February 25, 2015 The government is seeking US support in order to improve conditions in the negotiation of the Trans-Pacific Partnership to minimize the impact it will have on sectors such as textiles. From a statement issued by the Ministry of Economy of El Salvador (MINEC): Textile Sector Forum in El SalvadorFriday, March 11, 2016 A meeting is being convened for the textile and clothing industry on March 16 in El Salvador, where the overall situation in the sector will be discussed. From a statement issued by Proesa: |
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