US GARMENT INDUSTRY SEEKS PROTECTION THROUGH PROPOSED ‘YARN FORWARD’ PROVISION OF TPP FREE TRADE AGREEMENT
July 1st, 2011
BY MJ DESCHAMPS
THE UNITED States garment industry is supporting a "yarn forward" rule of origin proposed by the US Trade Representative (USTR) during the latest round of the Trans-Pacific Partnership (TPP) Agreement negotiations. Both the US and Vietnam want to join the TPP trade agreement, which currently includes Brunei, Chile, New Zealand and Singapore.
However, Vietnam presents a "special case", with its "non-market economy and its large state-owned and state-subsidised textile and apparel enterprises," said National Council of ...
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