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

Textiles | On 27th Aug 2016

French textile machinery makers to show at ITMA CITME

Seven French textile machinery manufacturers will showcase their...

courtesy: JLL

Apparel/Garments | On 27th Aug 2016

Indian cities clocking fastest retail growth: Report

Indian cities such as Bangalore, Hyderabad, Delhi and Pune are...

courtesy: Delta Galil

Fashion | On 27th Aug 2016

VF Corp completes sale of 3 brands to Delta Galil

VF Corporation, a global leader in the design, manufacture, marketing ...

Interviews View All

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Silvia Venturini Fendi
Fendi s.r.l

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

Judy Frater
Somaiya Kala Vidya

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

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
August 2016

F2F Magazine

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search