Home / Knowledge / News / Textiles / Senators create new tools to combat textile trade fraud
Senators create new tools to combat textile trade fraud
13
Oct '11
U.S. Senators Kay R. Hagan (D-NC) and Lindsey Graham (R-SC) reintroduced their bipartisan bill to crack down on fraud and illegal trade practices that damage the American textiles industry. The Textile Enforcement and Security Act (TESA) will beef up enforcement and oversight on the trade of textiles and apparels. Textiles and apparels, which have both suffered from increases in illegal trafficking and duty evasion, have the highest fraud ranking of any industrial products in the United States.

"With North Carolina's unemployment rate at an unacceptably high 10.4 percent, I refuse to allow one of my state's biggest industries to be handicapped by an inability to enforce proper trade rules," said Hagan, co-chair of the Senate Textile Caucus. "Thousands of North Carolinians are employed by the textiles sector, and they produce some of the best products in the world. This bipartisan bill ensures our country has the resources needed to fight the fraud that undermines North Carolina textile mills. I look forward to working with Senator Graham and all of my colleagues to pass this pro-jobs bill as soon as possible."

"I'm proud to join Senator Hagan on a new and improved Textile Enforcement and Security Act," said Graham. "This common sense bill will add significant protection for textile workers by strengthening existing customs enforcement mechanisms and creating new tools to combat fraud. We owe it to the hard working men and women of the textile industry to protect their product against those who seek to take advantage of lax enforcement. This bill does exactly that, and I look forward to seeing its provisions become law."

The U.S. textile industry is the world's third largest textile exporter, and it relies on proper customs enforcement to protect American businesses and jobs. Close to three quarters of the industry's $19 billion in exports last year went to countries where the U.S. has a trade agreement in place. But the industry has seen a sharp increase in illegal trafficking as well as duty evasion in many of these countries through undervaluation, mislabeling and the use of phony companies posing as U.S. companies. It is estimated that up to $1 billion in revenue is lost each year due to this type of customs fraud.

Specifically, the Textile Enforcement and Security Act will:
• Establish an electronic verification program that tracks yarn and fabric imports in countries operating under free trade agreements;
• Increase the number of textile and apparel verification specialists at the 15 largest U.S. ports that process textile and apparel imports;
• Increase textile staff at the Customs and Border Protection Agency headquarters and retarget them toward trade preference verifications. Headquarters staff has been significantly reduced over the last five years.
• Require the publication of a list of fraudulent actors in this field.
• Creates a centralized database for new importers and allows the Customs and Border Protection Agency to adjust bond requirements for high risk importers of textile and apparel goods.

Senate


Must ReadView All

Pakistan govt notifies 50% duty drawback on exports

Textiles | On 21st Oct 2017

Pakistan govt notifies 50% duty drawback on exports

The Pakistan government has notified the ‘Duty Drawback of Taxes...

Ghana sets up task force to clamp down on textile piracy

Textiles | On 21st Oct 2017

Ghana sets up task force to clamp down on textile piracy

Ghana’s ministry of trade and industry has set up a taskforce to...

Courtesy: Coach

Fashion | On 21st Oct 2017

US company Coach to change name to Tapestry from Oct 31

Coach Inc., a New York-based house of modern luxury accessories and...

Interviews View All

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Top executives
Textile & apparel bodies

The decision is transformational

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Yash P. Kotak
Bombay Hemp Company

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

Sonam & Paras Modi
SVA

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

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

October 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

Active Poll

Do you see sustainability as a route to business growth?

Yes
77.1%
No
12.9%
Skip
10.0%

Total Votes: 70

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

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.4%
No
28.6%
Skip
10.0%

Total Votes: 70

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

Yes No

Active Poll

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

Yes
85.7%
No
10.0%
Skip
4.3%

Total Votes: 70

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

Active Poll

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

Yes
75.7%
No
11.4%
Skip
12.9%

Total Votes: 70


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