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AAFA welcomes Andean Trade Preference extension
23
Dec '10
The American Apparel & Footwear Association (AAFA) welcomed congressional approval to extend the Andean Trade Preferences Act and Trade Adjustment Assistance by six weeks but expressed disappointment regarding Congress's failure to extend other trade preference programs, suspend certain tariffs under the miscellaneous trade bill, and make technical fixes to the wool and cotton trust funds. The Andean Trade Preferences Act was set to expire on December 31, 2010.

“While Congress was able to reach agreement to extend the Andean Trade Preferences Act for just six weeks, failure to renew soon-to-expire trade preferences for 18 months does not achieve the long-term certainty and predictability needed by the U.S. apparel and footwear industry as we deliver affordable clothing and shoes to the marketplace,” said AAFA President and CEO Kevin M. Burke.

“When the new Congress begins next month, Congress must work to renew the Andean Trade Preferences Act and Generalized System of Preferences, pass the pending package of carefully vetted tariff suspensions included in the miscellaneous trade bill, and make technical corrections to the wool and cotton trust funds. We look forward to the opportunity to pass these renewals and add back in the more than 50 non-controversial footwear, apparel, and textile provisions unnecessarily removed from the miscellaneous tariff bill.”

The American Apparel & Footwear Association (AAFA) is the national trade association representing apparel, footwear and other sewn products companies, and their suppliers, which compete in the global market. AAFA's mission is to promote and enhance its members' competitiveness, productivity and profitability in the global market by minimizing regulatory, commercial, political, and trade restraints.

American Apparel & Footwear Association (AAFA)

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