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SAVE Act is win-win trade legislation, AAFA
24
Jun '11
The American Apparel & Footwear Association (AAFA) welcomed the introduction of the Save Our Industries Act of 2011 (SAVE Act, S. 1244) in the U.S. Senate. Upon implementation, the SAVE Act would expand trade in textiles and apparel between the United States and the Philippines by eliminating certain duties on apparel products made in the Philippines with U.S. fabric.

The SAVE Act was introduced on June 22, 2011 by Senator Daniel Inouye (D-HI) and co-sponsored by Senators Daniel Akaka (D-HI), Roy Blunt (R-MO), and Harry Reid (D-NV).

“This win-win trade legislation provides clear and unmistakable benefits for workers in the United States and the Philippines,” said AAFA President and CEO Kevin M. Burke. “By eliminating duties on apparel products made of U.S. fabric, the Philippines has a meaningful opportunity to grow its apparel industry while supporting the U.S. textile industry. I look forward to working with Senator Inouye and his colleagues in the Senate to pass this legislation as soon as possible.”

The SAVE Act represents the first trade-enhancing legislation between the United States and the Philippines since 1974. The legislation would expand textile and apparel trade, encourage economic development in the Philippines, and strongly protect against abusive transshipment practices through strict customs enforcement.

The American Apparel & Footwear Association (AAFA) is the national trade association representing apparel, footwear and other sewn products companies, and their suppliers, which compete in the global market. AAFA's mission is to promote and enhance its members' competitiveness, productivity and profitability in the global market by minimizing regulatory, commercial, political, and trade restraints.

American Apparel & Footwear Association

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