TRUMP’S DUMP OF TPP MIGHT CREATE OPPORTUNITIES FOR INDONESIAN TEXTILE SECTOR
February 1st, 2017
The chairman of the Indonesian Textiles Association (API) has expressed cautious optimism about President Donald Trump’s rejection of the Trans-Pacific Partnership (TPP) trade pact and re-confirmed the need to boost Indonesia’s competitiveness.
Trump pulled the USA out of the agreement on January 23, and while that could be bad news for the other 11 TPP partners, including regional textile sector competitors Malaysia and clothing hub Vietnam, the deal had yet to include Indonesia.
As a result, the likely collapse the agreement following Trump’s decision ...
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