Home / Knowledge / News / Textiles / Alice CEO endorses textile trading rules in TPP
Alice CEO endorses textile trading rules in TPP
10
Jul '13
Speaking at a U.S. House Small Business Committee Hearing on worldwide American competitiveness, CEO of Alice Manufacturing, Smyth McKissick, urged lawmakers to endorse textile and apparel trading rules in the Trans-Pacific Partnership (TPP) that are ‘cornerstones’ of every major free trade agreement since NAFTA.  Mr. McKissick testified before the House Subcommittee on Economic Growth, Tax and Capital Access.

Mr. McKissick warned in his testimony that a poorly negotiated Trans-Pacific Partnership (TPP) will cause widespread textile, apparel and manufacturing job losses in the United States and the Western Hemisphere.

“The TPP is the largest free trade agreement since NAFTA that the U.S. is negotiating with eleven other nations…If properly structured, the U.S. textile industry is poised to continue a positive trajectory of growth. However, if weak rules are adopted, particularly given Vietnam’s participation in the TPP, our industry will be at the mercy of an unfair free trade agreement, which will decimate the United States textile industry once again.”

Also included in Mr. McKissick’s testimony were concrete examples of U.S. policies which have complimented domestic manufacturing and job growth in recent years, including an enforced “yarn forward” rule of origin.

“The yarn forward rule of origin has been especially important to our industry. The yarn forward rule of origin means that the yarn used to form fabric, dyeing and finishing of fabric, and the final cut, sew, and assembly must occur in a free trade partner country to gain U.S. market access.

"Yarn forward has been the standard bearer in the creation of nearly $25 billion in two-way trade between the industry and our FTA partners. The rule has been the primary force behind the more than two million textile and apparel jobs in the United States and amongst our Western Hemisphere free trade partners.”

The National Council of Textile Organizations (NCTO), headquartered in Washington, DC with an office in Gastonia, NC, is the national trade association representing the entire spectrum of the textile sector.

National Council of Textile Organizations


Must ReadView All

Courtesy: Kai Pilger from Pexels

Apparel/Garments | On 26th Apr 2018

FOBAP in the Philippines trying for garments sector revival

The Foreign Buyers Association of the Philippines (FOBAP), a body...

German investors keen to invest in Pakistan: top official

Textiles | On 26th Apr 2018

German investors keen to invest in Pakistan: top official

A German traders delegation will soon visit Pakistan to explore...

Courtesy: Uster

Textiles | On 26th Apr 2018

Uster Technologies acquires Elbit Vision Systems

Uster Technologies has announced the successful closure of the...

Interviews View All

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Top executives
Textile industry

Overall, Union budget 2018-19 is very balanced

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

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...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

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

Leave your Comments


April 2018

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
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

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
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

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
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

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
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


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