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Sales of Paraguayan clothing declined by 40% in 2013: AICP
05
May '14
Domestic sales of apparel and textiles in the central South American country of Paraguay has declined by 40 percent last year, compared to 2012, owing to the massive influx of clothing from Argentina and China entering the country at cheaper prices, as per the Tailoring Industry Association of Paraguay (AICP).

According to a statement issued by AICP, the decline in domestic sales of Paraguayan clothing has created a state of crisis in the local textile and apparel sector of the country and it is necessary to take measures to overcome this problem.

There is an urgent need for the Paraguayan Ministry of Finance, Ministry of Industry and Trade and the Directorate General of Customs to get together and device a plan to curb the increasing imports of clothing from other countries, the AICP states.

As per the AICP, the three entities need to come together and put up a frontal fight and direct Paraguayan consumers to purchase products that contribute towards the country’s revenue.

The textile and garment sector of Paraguay provides employment to more than 30,000 people in the country, and increasing imports of clothing from other countries is forcing domestic entrepreneurs to shut down operations and lay off many of their workers, AICP added.

The AICP requested the Government to take actions to reduce the imports of clothing from these countries and help revive the domestic textile and garment sector of Paraguay.

Fibre2fashion News Desk - India


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