Home / Knowledge / News / Apparel/Garments / AAFA and CCCT sign MoU for exchange of trade information
AAFA and CCCT sign MoU for exchange of trade information
28
Oct '14
The American Apparel & Footwear Association (AAFA) and the China Chamber of Commerce for Import and Export of Textiles and Apparel (CCCT) have signed a Memorandum of Understanding (MoU), which will facilitate exchange of trade and investment information between the two associations and their respective memberships.
 
The MoU, signed during a half-day seminar on US-China trade relations in Washington DC, will also create a forum to address issues of concern including: product safety, labeling, retail, and intellectual property.
 
Rick Helfenbein, chairman of AAFA, said, “The US-China trade relationship will grow in importance in the coming years, with manufactured and design fashion product flowing in both directions. This MOU ensures that we will be at the center of that discussion.”
 
“Through this MOU, we will amplify our voice and our global reach as we help our members and U.S. policy makers understand what is happening with our industry in China,” noted Juanita D. Duggan, president and CEO of AAFA. “It’s a huge deal.”
 
“We look forward to strengthening trade and investment ties with the United States through this partnership with AAFA,” said Mr. Jiang Hui, chairman of CCCT.
 
Currently, China is the top supplier of both apparel and footwear to the US market. China is also a growing market for US-made and branded apparel and footwear.
 
AAFA represents over 1,000 world famous name brands. The MoU with the CCCT is the 6th such agreement that AAFA has signed with counterpart associations around the world.
 
CCCT, established in October 1988 as part of China’s Ministry of Commerce, is the leading national trade organization representing exporters and importers of textiles and clothing in China, with a membership of more than 12,000 companies.
 
CCCT members cover a majority of Chinese traders, manufacturers, and foreign-funded businesses in the textile and clothing industry, representing more than 70% of China's import and export trade in textile and clothing. (RKS)
 

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 22nd Jul 2017

Govt constitutes GST Feedback and Action Room

The Government of India has constituted a Feedback and Action Room...

Textiles | On 22nd Jul 2017

India’s cotton textile exports fell in FY17: Tamta

The overall export of cotton textiles from India declined in 2016-17...

Textiles | On 22nd Jul 2017

Stella McCartney, Bolt Threads partner for eco fashion

Fashion designer Stella McCartney has partnered with Bolt Threads for ...

Interviews View All

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Marcel Alberts
Eurofibers

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

Kerem Durdag
Biovation II LLC

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

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

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

July 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

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

Yes No

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

Yes No

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


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



X