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American Fiber Manufacturers Assn. endorses TPP
19
Feb '16
At the winter meeting of its Board of Directors in Tampa, Florida, the American Fiber Manufacturers Association (AFMA) voted to formally support the Trans-Pacific Partnership (TPP) free trade agreement. The final TPP text had been signed at a meeting in Auckland, New Zealand on February 4, 2016, by the US and 11 other countries.

In a press release, the AFMA said its Board recognized the special care given to fibre producer's analysis and advice by US Trade Representative Michael Froman and his team across more than five years of intense and complicated multi-country negotiations.

“Inclusion in the final TPP text of the yarn-forward textile rule of origin so critical to U.S. fiber and yarn producers underpins our endorsement,” said AFMA Chairman William McCrary, Jr. at the conclusion of the Association's Board meeting.

“This important trade provision is now intact in US free trade agreements with over 20 countries, a consistent outcome that assures an integrity in US trade policy so important to America's manufactured fiber producers, workers, and communities,” he added.

The AFMA Board took note of the recent TPP endorsement by the National Council of Textile Organizations (NCTO). AFMA and its members will continue to work with NCTO in the pursuit of public policies important to the success and prosperity of the entire American textile supply chain, the release said. (SH)

Fibre2Fashion News Desk – India

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