Home / Knowledge / News / Apparel/Garments / Mexico postpones tariff reductions on apparels till 2014
Mexico postpones tariff reductions on apparels till 2014
04
Jan '13
Mexico’s Ministry of Economy has postponed the reduction of tariffs on 94 textile, clothing and footwear items for a further period of one year.
 
The 94 items constitute about seven percent of the total 1,339 different products under the textile, clothing and footwear category.
 
Some of the products that would be affected by the measure are suits, sweaters, shirts, coats, trousers, innerwear, baby wear, hosiery, dresses, swimwear and skirts.
 
The Ministry of Economy said the extension of tariff reductions by one year would allow domestic businesses to consolidate their plans and production models, in lines with the goals set by the Government under its industrial and commercial policy.
 
Overall, the apparel and footwear sector accounts for more than 10 percent of the total employment in the Mexican manufacturing industry.
 
The Ministry said the postponement of tariff reductions till 2014 will generate significant employment and economic development in various regions of Mexico.
 

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: SP Apparel

Apparel/Garments | On 28th Jul 2016

SP Apparels seeks to mop up Rs 215 cr through IPO

Tirupur-based S P Apparels Ltd, manufacturers and exporters of...

Textiles | On 28th Jul 2016

Pak to establish “quick response” system for cotton

Concerned over dropping yields of cotton, Pakistan’s Minister for...

Apparel/Garments | On 28th Jul 2016

Luxury lingerie brands selling China on feel-good fashion

High-end lingerie sales are outpacing China’s generally downbeat...

Interviews View All

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Suresh Patel
Sidwin Fabric

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

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Silvia Venturini Fendi
Fendi s.r.l

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

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
June 2016

F2F Magazine

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search