Home / Knowledge / News / Textiles / US House of Representatives extends Haiti trade deal
US House of Representatives extends Haiti trade deal
16
Jun '15
The US House of Representatives has voted overwhelmingly (397 votes for 32 votes against) to adopt the Trade Preferences Extension Act of 2015 (HELP/HOPE) last week, the media has reported. The US Senate had passed the Act last month.

The House approved the trade preferences bill, retroactive renewal and an update to the Generalized System of Preferences (GSP) program and an extension (of 10 years - until 2025]) the Haiti HELP/HOPE program. The House also approved the extension of the African Growth and Opportunity Act (AGOA).

"Extension of the AGOA and the Haiti preferences program allows clothing and shoe companies to maintain business in those regions without disruption and with certainty that these key trade platforms will not expire," American Apparel and Footwear Association president and CEO Juanita D. Duggan said in a statement.

“The trade preferences legislation will provide immediate benefits to clothing and shoe companies. We are pleased to see the House pass the package today with overwhelming support and urge the Senate to follow suit promptly so that the legislation can be quickly signed into law,” Duggan said.

US Congressman Pat Tiberi stressed, "This will encouraged investment in Haiti and support its economic development and recovery efforts."

Another Congressman Adrian Smith declared that "Trade with Haiti. it is an important first step as we address trade today and tomorrow."

The government of Haiti and the Investment Facilitation Center (CFI) say they are proud to have actively supported the successful efforts of the Association of Industries of Haiti (ADIH), for the extension of the Preferential Trade Agreement of 2015 (HELP/HOPE). (SH)

Fibre2fashion News Desk – India


Must ReadView All

Courtesy: Stone Island

Apparel/Garments | On 25th Jun 2018

Stone Island has mastered ingredient branding: Braind

Italian high-end men's apparel brand Stone Island tops the list of...

Courtesy: Tecnorama

Textiles | On 25th Jun 2018

'Tecnorama automatic dyeing system offers efficiency'

Italy based Tecnorama’s fully-automatic machinery for dispensing...

Courtesy: Pantone

Textiles | On 25th Jun 2018

Pantone unveils polyester standards

Pantone, provider of professional colour standards for the design...

Interviews View All

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Top executives
Textile industry

The foremost issue is bridging the skill gap

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Rajat Jaipuria

Activewear brand Soul Space promotes organic cotton farming and...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Marcel Alberts
Eurofibers

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

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Yash P. Kotak
Bombay Hemp Company

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

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Priya Somaiya
Usha Social Services

The Usha Silai label from Usha International is all set for a retail...

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


June 2018

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

news category


Related Categories:

Advanced Search