“As the Finance Committee begins consideration of Michael Froman’s nomination to serve as the next USTR, the National Council of Textile Organizations urges the U.S. Senate to remember the critical role that strong and fair trade rules play in sustaining local economies and more than 500,000 textile jobs across America.
“The next USTR will play a critical role in shaping our nation’s engagement inside highly competitive and changing global markets as the Obama Administration seeks to finalize the Trans-Pacific Partnership.
"Given the vital role of this agreement in sustaining America’s prosperity and jumpstarting our national economy, the NCTO believes that the next USTR must remain committed to supporting principles that have been standard in previous free trade agreements; including the ‘yarn forward’ rule, fair market access and strong customs enforcement. Anything less than full support of these rules by the USTR will serve to undermine previous trade agreements and threaten U.S. textile jobs.
“Lastly, the NCTO urges Finance Committee Members to seek assurances from Mr. Froman that he will reject Vietnamese proposals which adversely impact American textile manufacturing and the supply chains of our western hemisphere and African trading partners.
"The USTR’s support of the “yarn forward” rule and other strong textile rules will ensure that third parties, such as China, do not take advantage of the final agreement, and send a clear message that the United States is committed to standing up on behalf a vibrant textile manufacturing sector at home, across the western hemisphere and in Africa
National Council of Textile Organizations
Textiles | On 2nd Dec 2016
The currency crisis in India, marked by insufficient supply of new...
Textiles | On 2nd Dec 2016
There is huge potential for increase in nylon consumption said...
Apparel/Garments | On 2nd Dec 2016
Aditya Birla Retail and Fashion Ltd. (ABFRL) is establishing a new...
Bolger & O'Hearn
‘The Indian market is interesting and rather persistent in seeking new...
Every fifth sale we make on Zapyle is a repeat purchase
Palod Himson Machines
Fabric processing machines are picking up
Biovation II LLC
Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...
Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...
Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...
Sonam and Paras Modi's Sva Couture is synonymous with head-turning...
Golfwear and menswear brand Devereux is set for greener pastures. Robert...
Hyderabad-based designer Prathyusha Garimella is known for blending...