Albanian apparel exports could be hurt if the Croatian proposal, to upwardly revise the minimum percentage of processing necessary within a country to obtain the origin certificate, is implemented.
Currently, the rules require that at least 40 percent of the processing should be carried out within the country to be eligible for origin certificate. The new proposal is for increasing this percentage to 70.
Although the proposal is still at the policy-framing stage, Albanian entrepreneurs say such a policy would harm the country's apparel and footwear exports.
Eno Bozdo, Albania's Deputy Minister of Economy, said Albania will present its own proposals at the upcoming regional convention on preferential Pan-Euro-Mediterranean rules of origin.
Fibre2fashion News Desk - India
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