Home / Knowledge / News / Apparel/Garments / Honduran apparel firms gear up for more exports to Canada
Honduran apparel firms gear up for more exports to Canada
15
Feb '14
courtesy: laprensa.hn
courtesy: laprensa.hn
Apparel firms in Honduras are gearing up for the soon to be implemented Free Trade Agreement (FTA) with Canada.
 
The Canada-Honduras Free Trade Agreement was signed on November 5, 2013, and it would come into force once it is approved by the Canadian Parliament and Honduran Congress.
 
In view of the impending FTA, the Foundation for Investment and Development of Exports (FIDE) organized at lecture on “Export to Canada free of tariffs”, where Canadian experts explained in detail to Honduran apparel entrepreneurs and others on how to export to Canada taking advantage of the FTA.
 
The garment manufacturers were informed about the Canadian clothing market, trade and services facilitation office in Canada, as well as about the rules of origin and compliance requirements under the FTA.
 
The FTA would provide increased market access for goods, with almost 98 percent of tariff lines being duty-free once the agreement is fully implemented. The agreement includes enhanced provisions on cross-border trade in services, investment and government procurement.
 
Daniel Facussé, president of Association of Maquiladoras in Honduras (AHM), expects the FTA to pave way for Canada to become the largest market for Honduran goods, including garments.
 
Since 2007, there has been a 46 percent growth in merchandise trade between Canada and Honduras.
 

Fibre2fashion News Desk - India


Must ReadView All

Apparel/Garments | On 23rd Sep 2017

AAFA urges negotiators to preserve TPLs in NAFTA

The American Apparel & Footwear Association (AAFA), an alliance of...

Textiles | On 23rd Sep 2017

SIMA urges Centre to re-look duty drawback rates

he Southern India Mills’ Association (SIMA) has appealed to the...

Textiles | On 23rd Sep 2017

PKR 690.65-mn budget for Pakistan Cotton Committee

The Pakistan Central Cotton Committee (PCCC) recently approved a PKR...

Interviews View All

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Top executives
Textile industry, India

The event should be organised every year

Suresh Patel
Sidwin Fabric

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

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

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

September 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search