PERU’S TEXTILE INDUSTRY TRIES TO RECOVER WHILE FACING POLITICAL INSTABILITY AND FIERCE CHINESE COMPETITION
November 2nd, 2020
The Peruvian clothing industry is criticising government aid programmes that are supposed to help companies withstand the Covid-19 pandemic, saying they have done little for apparel and textile manufacturers.
Carlos Penny, president of the textile committee at the Peruvian Exports Association (ADEX - Asociación de Exportadores), is especially unhappy how the Reactivate Peru (Reactiva Peru) and a national Business Support Fund have failed the country’s important clothing and textile sector.
The problem, he told just-style is that thousands of small-and-medium ...
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