US PROPOSES FLEXIBILITY TO TPP TRADE PACT

THE UNITED States government has unveiled details of proposed flexibilities it wants to introduce into the planned Trans-Pacific Partnership (TPP) trade agreement which will allow importers to buy scarce clothing, textiles and yarns from outside the bloc.Speaking at a New York conference yesterday (Wed, Jan 9), Kim Glas, deputy assistant secretary for textiles and apparels of the US Department of Commerce stressed proposals that may appease concerns of US garment and clothing importers concerned about restrictive ‘yarn forward’ rules in the draft TPP.Glas ...


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