Home / Knowledge / News / Textiles / El Salvador textile sector may lose 22,000 jobs to TPP
El Salvador textile sector may lose 22,000 jobs to TPP
23
Feb '13
courtesy: elmundo.com.sv
courtesy: elmundo.com.sv
The textile and apparel sector of El Salvador, the smallest and the most densely populated country in Central America, may lose around 22,000 jobs in three years, if the proposed Trans-Pacific Partnership (TPP) agreement comes into force, according to experts.
 
The envisaged agreement, for which 14 rounds of negotiations have already been completed, would enable Vietnamese textiles to enter the US market at zero-tariff. This may hurt Salvadoran textile and garment exports to the US, and result in a loss of about 22,000 direct jobs and another 15,000 indirect jobs in the Salvadoran textile value chain, El Mundo reported quoting representatives of prominent textile and industrial associations.
 
Across the Central American region, job losses could reach 200,000 if the TPP comes into effect, according to representatives of Salvadoran Association of Industrialists (ASI) and the Chamber of Textile Industry, Clothing and Free Zones of El Salvador (Camtex).
 
The TPP would allow Vietnam to import textiles from China and then re-export the same to the US, which would mean aggressively competing with China, which has the most subsidized industry in the world, Cass Johnson, president of the National Council of Textile Organizations (NCTO) said.
 
The 15th round of TPP negotiations are scheduled to be held next month in Singapore. 
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 28th Mar 2017

India may impose duty on elastomeric filament yarn

The Government of India is likely to impose anti-dumping duty on...

Courtesy: Lee Cooper

Apparel/Garments | On 28th Mar 2017

CCI clears FLFL proposal to divest Lee Cooper

The Competition Commission (CCI) of India has approved the proposal...

Textiles | On 28th Mar 2017

Bardoli CEFC to benefit south Gujarat MSMEs

India’s first common engineering facility centre (CEFC) at Bardoli,...

Interviews View All

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Urs Stalder
Sanitized AG

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

Steve Cole
Xerium Technologies

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

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Madhu Jain
Madhu Jain

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

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
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search