Home / Knowledge / News / Apparel/Garments / America's 5th annual 'Imports Week' begins May 9
America's 5th annual 'Imports Week' begins May 9
26
Apr '16
A leading group of American business associations and other organizations has announced that the fifth annual "Imports Work" Week will take place on May 9-13, 2016.

Imports Work Week is an effort to draw attention to the essential role that imports play in the US and global economy, the American Apparel and Footwear Association (AAFA) said in a press release.

This year's Imports Work Week takes place in the midst of Congressional debate on a series of trade measures, including the recently concluded Trans-Pacific Partnership (TPP) and ongoing negotiations for trade agreements covering transatlantic commerce, services, and environmental goods. During the week, numerous associations and think tanks will take part by publishing commentaries and blog postings, along with other grassroots and social media activities.

As Roberto Azevêdo, Director-General of the World Trade Organization (WTO), has said: "Imports are a good indicator of economic health - they are a sign both of consumer demand and industrial activity. For many American companies, imports provide essential component parts for their goods, often at prices which help them to remain competitive. By supporting companies to grow and export in this way, imports are a critical component of any vibrant economy."

A study unveiled during Imports Work Week in 2013 found that 16 million US jobs depend on imports. A recent study by HSBC shows that imports save the average US family $13,600 a year. A 2013 study also found that the US value-added for imported apparel equals about 70 per cent, the release said. (SH)

Fibre2Fashion News Desk - India

Must ReadView All

Textiles | On 10th Dec 2016

India’s 2016-17 cotton import to touch 17 lakh bales

The import of cotton from international markets by spinning mills in...

Textiles | On 10th Dec 2016

US textile & apparel imports fall 6.50% in Jan-Oct ’16

The import of textiles and apparel by United States dropped 6.50 per...

Textiles | On 10th Dec 2016

Indian textile hubs adopt cashless payment modes

The textile ministry is promoting cashless payment within the...

Interviews View All

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search