ROADMAP TO RESTORE PHILIPPINE TEXTILE INDUSTRY’S COMPETITIVE EDGE
January 1st, 2019
A ROADMAP to improve the future of the Philippines textile industry is set to be published next month (March 2018) by government officials aiming to return the archipelago’s sector to international prominence.
Focus will be given to arranging new free trade agreements and securing market access to the key areas of Europe, the US and Japan. The Philippines government is seeking to kickstart the sector and return its competitive edge, lost, officials claim, when the World Trade Organisation (WTO) Multi-Fibre Agreement (MFA) expired on January 1, 2005.
The MFA, ...
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