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 24th Mar 2017

Tiruppur garment cluster hopeful of meeting export target

The Tirupur garment cluster is hopeful of meeting its target of...

Apparel/Garments | On 24th Mar 2017

HKTDC hosts seminar on accessing retail market in India

The Hong Kong Trade Development Council (HKTDC) organised a seminar...

Textiles | On 23rd Mar 2017

South Korean Samil Spinning acquires Buhler Quality Yarns

South Korean yarn producer Samil Spinning has acquired US based...

Interviews View All

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Binoy Ravjani
Hero's Fashion

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

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Sonam & Paras Modi
SVA

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

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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

news category


Related Categories:
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search